Live Oak Bancshares Inc expected to post earnings of 70  cents a share - Earnings Preview

Live Oak Bancshares

26/04/2022 24:00

* Live Oak Bancshares Inc  LOB.OQ   LOB.O  is expected
to show a
rise in quarterly revenue when it reports  results on April 27. 
    * The Wilmington North Carolina-based  company is expected
to
report  a 6.6% increase in revenue to $107.633 million from
$101.01 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 70 cents per share. For the same quarter last
year, the company reported earnings of 88 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 $75​, above​ its last closing price of $48.22.
​​​
    * 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 2021  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. 31 2021  0.59        0.61       0.88      Beat    45.2
 ​​Dec.        0.52        0.52       0.68      Beat    30.1
 31 2020                                                
 Sep. 30 2020  0.27        0.27       0.81      Beat    200​
 Jun. 30 2020  0.03        0.03       0.09      Beat    200
 Mar. 31 2020  0.07        0.07       -0.19     Missed  -371.4
 This summary was machine generated April 25 at 23:00 GMT.  All
figures in US dollars  unless otherwise stated