LendingClub (LC) Tops Q3 EPS by 6c, provides outlook

LendingClub (NYSE: LC) reported Q3 EPS of $0.13, $0.06 better than the analyst estimate of $0.07. Revenue for the quarter came in at $201.9 million versus the consensus estimate of $190.04 million.

Outlook: Fourth Quarter 2024:

Loan originations: $1.8B to $1.9B

Pre-provision net revenue (PPNR): $60M to $70M

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

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