LendingClub (LC) Q1 Earnings and Revenues Beat Estimates
LCLendingClub(LC) Zacks Investment Research·2024-05-01 06:31

LendingClub (LC) came out with quarterly earnings of 0.11pershare,beatingtheZacksConsensusEstimateof0.11 per share, beating the Zacks Consensus Estimate of 0.03 per share. This compares to earnings of 0.13pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof266.670.13 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 266.67%. A quarter ago, it was expected that this company that connects borrowers and lenders online would post earnings of 0.02 per share when it actually produced earnings of $0.09, delivering a surprise of 350%. Ov ...