LendingClub Corp expected to post earnings of 20cents a share - Earnings Preview

Happen

23/01/2023 22:02

* LendingClub Corp  LC.N   LC  is expected to show a fall in
quarterly revenue when it reports  results on January 25. 
    * The San Francisco California-based  company is expected to
report  a 1.4% decrease in revenue to $258.48 million from
$262.24 million a year ago, according to the mean estimate from
7 analysts, based on Refinitiv data. The company's guidance on
October 26 2022, for the period ended December 31, was for
revenue between $255.00 million and $265.00 million.
    * ​Refinitiv's mean analyst estimate for LendingClub Corp is
for
earnings of 20 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for LendingClub
Corp
is $16​, above​ its last closing price of $10.32. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.32        0.33       0.36      Beat    10.4
 Jun. 30 2022  0.40        0.40       0.45      Beat    12.5
 Mar. 31 2022  0.25        0.24       0.39      Beat    60.6​
 Dec. 31 2021  0.22        0.22       0.27      Beat    22
 ​​Sep.        0.13        0.03       0.26      Beat    809.1
 30 2021                                                
 Jun. 30 2021  -0.40       -0.43      0.09      Beat    120.9​
 Mar. 31 2021  -0.76       -0.82      -0.49     Beat    40
 Dec. 31 2020              -0.25      -0.24     Beat    4.6
 This summary was machine generated January 23 at 22:02 GMT.  All
figures in US dollars  unless otherwise stated