Lending Club Reports First Quarter 2017 Results

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Go back to Lending Club Reports First Quarter 2017 Results

FBR Capital Remains Sidelined on LendingClub (LC) Following 1Q

May 5, 2017 7:44 AM EDT

FBR Capital reiterated a Market Perform rating and $6.50 price target on Lending Club (NYSE: LC) following the company's 1Q earnings report. LC reported an adjusted loss of ($0.02), a penny better than the consensus estimate. The beat was mostly driven by a $9.6 million... More

LendingClub (LC) Tops Q1 EPS by 1c

May 4, 2017 4:02 PM EDT

LendingClub (NYSE: LC) reported Q1 EPS of ($0.02), $0.01 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $124.5 million versus the consensus estimate of $122.8 million.

Outlook

Based on the information available as of May 4, 2017, Lending Club provides the following outlook... More