OnDeck Reports Third Quarter 2016 Financial Results

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Jefferies Cuts Price Target on On Deck Capital (ONDK) Following 3Q Miss

November 4, 2016 9:35 AM EDT

Jefferies maintained a Hold rating on On Deck Capital (NYSE: ONDK), and cut the price target to $5.40 (from $6.50), following the company's 3Q earnings report. Gross revenue was up +15% Y/Y to $77.4MM vs. consensus estimates of $75.3MM and guidance of $73MM-$76MM.... More

BTIG Remains Neutral on On Deck Capital (ONDK); Says Certain Q3 Metrics Alleviate Some Fears

November 3, 2016 11:31 AM EDT

BTIG reaffirms its Neutral rating on On Deck Capital (NYSE: ONDK) following Q3 results and outlook posted earlier Thursday.

The firm commented, With its share price hovering around book value, On Deck Capital (ONDK) needed to check off a couple of... More

On Deck Capital (ONDK) Misses Q3 EPS by 2c

November 3, 2016 7:19 AM EDT

On Deck Capital (NYSE: ONDK) reported Q3 EPS of ($0.18), $0.02 worse than the analyst estimate of ($0.16). Revenue for the quarter came in at $77.4 million versus the consensus estimate of $75.28 million.

GUIDANCE:

On Deck Capital sees FY2016 revenue of $280-290 million,... More