Live Oak Bancshares Inc expected to post earnings of 45  cents a share - Earnings Preview

Live Oak Bancshares

26/07/2022 03:05

* Live Oak Bancshares Inc  LOB.OQ   LOB.O  is expected
to show a
fall in quarterly revenue when it reports  results on July 27. 
    * The Wilmington North Carolina-based  company is expected
to
report  a 31.1% decrease in revenue to $97.55 million from
$141.57 million a year ago, according to the mean estimate from
4 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Live Oak Bancshares
Inc
is for earnings of 45 cents per share. For the same quarter last
year, the company reported earnings of $1.41 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"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 Live Oak
Bancshares Inc is $40.5​, above​ its last closing price
of $35.70. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.70        0.70       0.76      Beat    8.8
 Dec. 31 2022  0.71        0.70       0.66      Missed  -6
 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.        0.59        0.61       0.88      Beat    45.2
 31 2021                                                
 Dec. 31 2020  0.52        0.52       0.68      Beat    30.1​
 Sep. 30 2020  0.27        0.27       0.81      Beat    200
 Jun. 30 2020  0.03        0.03       0.09      Beat    200
 This summary was machine generated July 26 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated