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

Live Oak Bancshares

28/04/2022 19:26

* Live Oak Bancshares Inc  LOB.OQ  reported quarterly
adjusted
earnings of 76 cents​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of 70 cents per share.
    * Revenue rose 7% to $108.05 million from a year ago; 
analysts
expected $107.63 million. 
    * Live Oak Bancshares Inc's reported EPS for the quarter was
76
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.5%
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 8.7% this
quarter and lost 46.8% so far this year.
    * The company reported quarterly net income of $34.51
million.
    * Wall Street's median 12-month price target for Live Oak
Bancshares Inc is $75.00 
    * 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 28 at 06:25 p.m.  ​All
figures in US dollars unless otherwise stated