LendingClub (LC) Tops Q1 EPS by 1c

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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