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

Live Oak Bancshares

21/04/2021 23:26

* Live Oak Bancshares Inc  LOB.OQ  reported quarterly adjusted
earnings of 88 cents​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of 61 cents per share.
* Revenue rose 120% to $101.01 million from a year ago​; 
analysts expected $89.55 million.
* Live Oak Bancshares Inc's reported EPS for the quarter was 88
cents​.
* The mean earnings estimate of analysts had risen by about 0.6%
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 6.4% this
quarter and gained 35.1% so far this year.
* The company reported quarterly net income of $39.43 million.
* Wall Street's median 12-month price target for Live Oak
Bancshares Inc is $66.00 
* 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 April 21 at 10:26 p.m. GMT.
​All figures in US Dollars.​