LendingClub (LC) Tops Q3 EPS by 1c

LendingClub (NYSE: LC) reported Q3 EPS of $0.03, $0.01 better than the analyst estimate of $0.02. Revenue for the quarter came in at $184.6 million versus the consensus estimate of $182.11 million.

GUIDANCE:

LendingClub sees 2018 revenue of $688-698 million, versus the consensus of $694.93 million.

• GAAP Consolidated Net Loss in the range of $(129) million to $(124) million, reflecting expenses related to outstanding legacy issues through the third quarter partly offset by higher Adjusted EBITDA guidance.

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

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