LendingClub LC reported its Q3 earnings results on Wednesday, October 26, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
LendingClub beat estimated earnings by 9.09%, reporting an EPS of $0.36 versus an estimate of $0.33.
Revenue was up $58.75 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 8.81% drop in the share price the next day.
Here's a look at LendingClub's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.40 | 0.24 | 0.22 | 0.03 |
| EPS Actual | 0.45 | 0.39 | 0.27 | 0.26 |
| Revenue Estimate | 298.71M | 262.07M | 245.74M | 221.19M |
| Revenue Actual | 330.06M | 289.54M | 262.24M | 246.17M |
To track all earnings releases for LendingClub visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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