Lending Club Reports Third Quarter 2016 Results
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BTIG Remains Positive on LendingClub (LC) Following Q3 Results, New Financing Agreement
November 7, 2016 11:42 AM ESTBTIG affirms LendingClub (NYSE: LC) with a Buy rating and $9 price target following Q3 results and new financing agreement announced earlier Monday.
Analyst Mark Palmer commented today, While investor skepticism about the ability of LendingClub Corporation (LC) to rebound from the scandal involving... More
LendingClub (LC) Tops Q3 EPS by 3c, Loan Originations Fall 12%
November 7, 2016 6:32 AM ESTLendingClub (NYSE: LC) reported Q3 EPS of ($0.04), $0.03 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $112.6 million versus the consensus estimate of $103.31 million.
Loan originations in the third quarter of 2016 were $1.97 billion, up 1% compared to the $1.96 billion we... More
