Live Oak Bancshares Inc reports results for the quarter ended in June - Earnings Summary

Live Oak Bancshares

21/07/2021 23:15

* Live Oak Bancshares Inc  LOB.OQ  reported quarterly adjusted
earnings of $1.41​​ per share for the quarter ended in June. The
mean expectation of five analysts for the quarter was
for earnings of 57 cents per share.
* Revenue rose 123.6% to $141.57 million from a year ago; 
analysts expected $91.46 million. 
* Live Oak Bancshares Inc's reported EPS for the quarter was
$1.41​.
* The mean earnings estimate of analysts had fallen by
about 3.6% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Live Oak Bancshares Inc shares had fallen by 3.6% this
quarter and gained 19.8% so far this year.
* The company reported quarterly net income of $63.58 million.
* Wall Street's median 12-month price target for Live Oak
Bancshares Inc is $73.00 
* 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." 
This summary was machine generated July 21 at 10:15 p.m.  ​All
figures in US dollars unless otherwise stated