BTIG Remains Neutral on On Deck Capital (ONDK); Says Certain Q3 Metrics Alleviate Some Fears
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Jefferies Cuts Price Target on On Deck Capital (ONDK) Following 3Q Miss
November 4, 2016 9:35 AM EDTJefferies 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
On Deck Capital (ONDK) Misses Q3 EPS by 2c
November 3, 2016 7:19 AM EDTOn 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
