LendingClub (LC) Reports Good 3Q Beat; Compass Point Maintains a Sell Rating

Go back to LendingClub (LC) Reports Good 3Q Beat; Compass Point Maintains a Sell Rating

After-Hours Stock Movers 10/29: (CRAY) (COLM) (LNKD) Higher; (SCTY) (CTRL) (VRX) Lower (more...)

October 29, 2015 6:04 PM EDT

Cray (NASDAQ: CRAY) 22.1% HIGHER; reported Q3 EPS of $0.48, $0.42 better than the analyst estimate of $0.06. Revenue for the quarter came in at $191.4 million versus the consensus estimate of $140.95 million.

SolarCity (NASDAQ: SCTY) 19% LOWER; reported Q3 EPS of ($2.41), $0.46 worse than the analyst estimate of ($1.95). Revenue for the quarter came in at $113.86 million versus the consensus estimate of $111.43 million.

inContact (NASDAQ: SAAS) 15.5% HIGHER; reported Q3 EPS of ($0.09), $0.02 better than the analyst... More

LendingClub (LC) Tops Q3 EPS by 2c, Offers Gudiance

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.

Adjusted... More

Lending Club (LC) Sell-Off Unwarranted, Says BTIG

October 29, 2015 12:56 PM EDT

BTIG maintained a Buy rating on Lending Club (NYSE: LC) with a price target of $31. Shares were pressured after Santander Consumer USA (NYSE: SC) disclosed that it was exiting the personal lending space, noted analyst Mark Palmer. In his view, the sell-off is unwarranted.

"We view the sell-off in LC as unwarranted in... More

UPDATE: Trading Radar for 10/29: Aetna (AET), LinkedIn (LNKD), Baidu (BIDU), ConocoPhillips (COP), MGM Resorts (MGM), Deckers (DECK) Report

October 28, 2015 2:53 PM EDT

(Updated - October 28, 2015 2:54 PM EDT)

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 264kContinuing Claims - Street sees 2.185MGDP: Adv. - Street sees 1.6%Chain Deflator: Adv. - Street sees 1.3%

Earnings:

A.H. Belo (NYSE: AHC) - no Street consensus
Aetna (NYSE: AET) - consensus EPS $1.77
Air Products (NYSE: APD) -... More