Live Oak Bancshares Inc reports results for the quarter ended March 31 - Earnings Summary

Live Oak Bancshares

23/04/2025 23:37

Live Oak Bancshares Inc LOB.N reported quarterly adjusted earnings of 21 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 36 cents.  The mean expectation of three analysts for the quarter was for earnings of 34 cents per share. Wall Street expected results to range from 34 cents to 35 cents per share.

Revenue rose 8.5% to $126.11 million from a year ago; analysts expected $121.60 million.

Live Oak Bancshares Inc's reported EPS for the quarter was 21 cents​.

The company reported quarterly net income of $9.72 million.

Live Oak Bancshares Inc shares had fallen by 6.4% this quarter and lost 36.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 23.6% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "hold"

Wall Street's median 12-month price target for Live Oak Bancshares Inc is $33.00

This summary was machine generated from LSEG data April 23 at 10:37 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.34
0.21
Missed
Dec. 31 2024
0.54
0.22
Missed
Sep. 30 2024
0.55
0.28
Missed
Jun. 30 2024
0.46
0.59
Beat