Recap: LendingClub Q3 Earnings

Loading...
Loading...

LendingClub LC reported its Q3 earnings results on Wednesday, October 27, 2021 at 04:06 PM.

Here's what investors need to know about the announcement.

Earnings

LendingClub beat their estimated earnings by 766.67%, reporting an EPS of $0.26 versus an estimate of $0.03, which surprised analysts.

Revenue was up $171,453,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.52, which was followed by a 47.82% increase in the share price the next day.

Here's a look at LendingClub's past performance:

 

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020
EPS Estimate -0.43 -0.76 -0.25 -0.45
EPS Actual 0.09 -0.49 -0.24 -0.25
Revenue Estimate 134.55M 87.28M 77.72M 56.91M
Revenue Actual 204.38M 105.84M 75.91M 74.71M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...