Live Oak Bancshares Inc expected to post earnings of 47 cents a share - Earnings Preview

Live Oak Bancshares

23/04/2024 24:09

* Live Oak Bancshares Inc  LOB.N   LOB  is expected to show
a rise
in quarterly revenue when it reports  results on April 24 for
the period ending March 31 2024
    * The Wilmington North Carolina-based  company is expected
to
report a 14.8% increase in revenue to $116.66 million from
$101.6 million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Live Oak Bancshares Inc
is for
earnings of 47 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 $45.00​, above​ its last closing price
of $38.41. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  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. 31 2023  0.29        0.34       0.01      Missed  -97.1
 ​​Dec.        0.41        0.43       0.04      Missed  -90.6
 31 2022                                                
 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
 This summary was machine generated April 22 at 23:09 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)