LendingClub (LC) Tops Q1 EPS by 1c, Raise FY Guidance

LendingClub (NYSE: LC) reported Q1 EPS of $0.02, $0.01 better than the analyst estimate of $0.01. Revenue for the quarter came in at $81 million versus the consensus estimate of $75.7 million.

LendingClub sees Q2 2015 revenue of $90-92 million, versus the consensus of $88.18 million.379.02. It sees adjusted EBITDA(2) in the range of $8.5 million to $10.5 million.

LendingClub sees FY2015 revenue of $385-392 million, versus the consensus of $379.02 million. It sees adjusted EBITDA(2) in the range of $40 million to $46 million, up from $33 million to $42 million previously.

For earnings history and earnings-related data on LendingClub (LC) click here.

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