Lending Club Reports Third Quarter 2015 Results
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Go back to Lending Club Reports Third Quarter 2015 Results
October 30, 2015 9:26 AM EDT
Compass Point reiterated a Sell rating and $12.00 price target on Lending Club (NYSE: LC) following the company's 3Q earnings results. Adjusted EPS of $0.04 beat consensus by $0.02. Adjusted EBITDA of $21.2M rose from $13.4M in 2Q15 and $7.5M in 3Q14, reflecting an 18.4% margin. Operating revenue of $115M rose 104% YOY. For 2016, management projects YOY operating revenue growth of 70% (vs. consensus of 55%) and 18%... More
October 29, 2015 4:02 PM EDT
LendingClub (NYSE: LC) reported Q3 EPS of $0.04, $0.02 better than the analyst estimate of $0.02. Revenue for the quarter came in at $115.1 million versus the consensus estimate of $107.95 million.
LendingClub sees Q4 2015 revenue of $128-130 million vs consensus of $123.06 million.
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