Live Oak Bancshares Inc expected to post earnings of 46 cents a share - Earnings Preview

Live Oak Bancshares

22/07/2024 22:01

* Live Oak Bancshares Inc  LOB.N   LOB  is expected to show
a rise
in quarterly revenue when it reports  results on July 24 for the
period ending January 1 0001
    * The Wilmington North Carolina-based  company is expected
to
report a 10.8% increase in revenue to $120.12 million from
$108.46 million a year ago, according to the mean estimate from
5 analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Total/Operating Revenue)
    * ​LSEG's mean analyst estimate for Live Oak Bancshares Inc
is for
earnings of 46 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "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 Live Oak
Bancshares Inc is $38.00​, below​ its last closing price
of $42.83. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.45        0.47       0.36      Missed  -23
 Jan. 1 0001   0.44        0.44       0.36      Missed  -18.6
 Sep. 30 2023  0.47        0.48       0.88      Beat    84.9​
 Jun. 30 2023  0.30        0.31       0.39      Beat    23.9
 ​​Mar.        0.29        0.34       0.01      Missed  -97.1
 31 2023                                                
 Dec. 31 2022  0.41        0.43       0.04      Missed  -90.6​
 Sep. 30 2022  0.82        0.71       0.96      Beat    36.2
 Jan. 1 0001   0.37        0.45       0.03      Missed  -93.4
 This summary was machine generated July 22 at 21:01 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)