Live Oak Bancshares Inc expected to post earnings of 65 cents a share - Earnings Preview

Live Oak Bancshares

26/10/2021 01:03

* Live Oak Bancshares Inc  LOB.OQ   LOB.O  is expected to show a
rise in quarterly revenue when it reports results on October
27. 
* The Wilmington, North Carolina-based company is expected to
report  a 0.2% increase in revenue to $98.598 million from
$98.41 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 65 cents per share. For the same quarter last
year, the company reported earnings of 81 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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 $70​, about 2.4% below​ its last closing price
of $71.70. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.57        0.57       1.41      Beat    147.9
 Mar. 31 2021  0.59        0.61       0.88      Beat    45.2
 Dec. 31 2020  0.52        0.52       0.68      Beat    30.1​
 Sep. 30 2020  0.27        0.27       0.81      Beat    200
 Jun.          0.03​       0.03       0.09      Beat    200​
 30​ 2020​                                              
 Mar. 31 2020  0.07        0.07       -0.19     Missed  -371.4
                                                        ​
 Dec. 31 2019  0.12        0.12       0.17      Beat    41.7
 Sep. 30 2019  0.13        0.13       0.09      Missed  -28
 This summary was machine generated October 26 at 00:02 GMT.  All
figures in US dollars unless otherwise stated