Live Oak Bancshares, Inc. reports results for the quarter ended September 30 - Earnings Summary
Live Oak Bancshares, Inc. reports results for the quarter ended September 30 - Earnings Summary
Live Oak Bancshares, Inc. LOB.N reported quarterly adjusted earnings of 52 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 55 cents. The mean expectation of four analysts for the quarter was for earnings of 68 cents per share. Wall Street expected results to range from 65 cents to 73 cents per share.
Revenue rose 20.2% to $175.65 million from a year ago; analysts expected $159.40 million.
Live Oak Bancshares, Inc.'s reported EPS for the quarter was 52 cents.
The company reported quarterly net income of $24.26 million.
Live Oak Bancshares, Inc. shares had fallen by 2.3% this quarter and gained 2.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 17.9% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is "buy."
Wall Street's median 12-month price target for Live Oak Bancshares, Inc. is $42.50, about 16.8% above its last closing price of $35.35
This summary was machine generated from LSEG data October 21 at 09:37 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 |
Sep. 30 2026 | 0.68 | 0.52 | Missed |
Jun. 30 2026 | 0.63 | 0.74 | Beat |
Mar. 31 2026 | 0.51 | 0.60 | Beat |
Dec. 31 2025 | 0.95 | 0.95 | Met |
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See all newsLive Oak Bancshares, Inc. reports results for the quarter ended September 30 - Earnings Summary
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