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

Live Oak Bancshares

28/10/2021 24:20

* Live Oak Bancshares Inc  LOB.OQ  reported quarterly adjusted
earnings of 76 cents​​ per share for the quarter ended in
September. The mean expectation of five analysts for the quarter
was for earnings of 65 cents per share.
* Revenue rose 4.7% to $103.01 million from a year ago; 
analysts expected $98.60 million. 
* Live Oak Bancshares Inc's reported EPS for the quarter was 76
cents​.
* The mean earnings estimate of analysts had risen by about 5.9%
in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Live Oak Bancshares Inc shares had risen by 13.8% this
quarter and gained 52.5% so far this year.
* The company reported quarterly net income of $33.84 million.
* Wall Street's median 12-month price target for Live Oak
Bancshares Inc is $70.00 
* 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 October 27 at 11:19 p.m.
 ​All figures in US dollars unless otherwise stated