Live Oak Bancshares Inc expected to post earnings of 34  cents a share - Earnings Preview

Live Oak Bancshares

21/04/2023 12:53

* Live Oak Bancshares Inc  LOB.N   LOB  is expected to show
a rise
in quarterly revenue when it reports  results on April 25
(estimated). 
    * The Wilmington North Carolina-based  company is expected
to
report  a 1.6% increase in revenue to $109.728 million from
$108.05 million a year ago, according to the mean estimate from
5 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Live Oak Bancshares
Inc
is for earnings of 34 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and 1 "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 Live Oak
Bancshares Inc is $27​, above​ its last closing price of $23.98.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.41        0.43       0.04      Missed  -90.6
 Sep. 30 2022  0.82        0.71       0.96      Beat    36.2
 Jun. 30 2022  0.37        0.45       0.03      Missed  -93.4​
 Mar. 31 2022  0.70        0.70       0.76      Beat    8.8
 ​​Dec.        0.71        0.70       0.66      Missed  -6
 31 2021                                                
 Sep. 30 2021  0.66        0.65       0.76      Beat    16.9​
 Jun. 30 2021  0.57        0.57       1.41      Beat    147.9
 Mar. 31 2021  0.59        0.61       0.88      Beat    45.2
 This summary was machine generated April 21 at 11:53 GMT.  All
figures in US dollars  unless otherwise stated