LendingClub LC unveils its next round of earnings this Tuesday, Feb. 19. Get prepared with Benzinga's ultimate preview for LendingClub's Q4 earnings.
Earnings and Revenue
LendingClub EPS will likely be near 2 cents while revenue will be around $181.86 million, according to analysts.
LendingClub reported per-share earnings of 1 cent when it published results during the same quarter last year. Sales in that period totaled $156.45 million. Sales would be up 16.24 percent from the year-ago period. Here's how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | 0.02 | 0.02 | -0.01 | 0.02 |
| EPS Actual | 0.03 | 0.03 | 0.01 | 0.01 |
Stock Performance
Over the last 52-week period, shares of LendingClub have declined 9.64 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already wary of 12-month losses prior to the announcement.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The average rating by analysts on LendingClub stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
LendingClub's Q4 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://services.choruscall.com/links/lc190219.html
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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