LendingClub Corp expected to post earnings of 3  cents a share - Earnings Preview

Happen

24/10/2023 03:00

* LendingClub Corp  LC.N   LC  is expected to show a fall in
quarterly revenue when it reports  results on October 25. 
    * The San Francisco California-based  company is expected to
report  a 35.3% decrease in revenue to $197.289 million from
$304.91 million a year ago, according to the mean estimate from
9 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for LendingClub Corp is
for
earnings of 3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"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 $11​, above​ its last closing price of $5.32. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.05        0.04       0.09      Beat    113.2
 Mar. 31 2023  0.11        0.10       0.13      Beat    33.5
 Dec. 31 2022  0.22        0.20       0.19      Missed  -6.2​
 Sep. 30 2022  0.32        0.33       0.36      Beat    10.4
 ​​Jun.        0.40        0.40       0.45      Beat    12.5
 30 2022                                                
 Mar. 31 2022  0.25        0.24       0.39      Beat    60.6​
 Dec. 31 2021  0.22        0.22       0.27      Beat    22
 Sep. 30 2021  0.13        0.03       0.26      Beat    809.1
 This summary was machine generated October 24 at 02:00 GMT.  All
figures in US dollars  unless otherwise stated