LendingClub Reports First Quarter 2018 Results
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- Citi downgrades tech stocks as its flagship indicator signals 'euphoria' levels
- UBS sees 5 warnings signals on semiconductor chip stocks
- 2 reasons why Tesla stock fell on Thursday
- US consumer sentiment tops estimates in March to hit nearly 3-yr high, UMich says
- AMC Entertainment (AMC) enters into an equity distribution agreement
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- Intuitive Machines (LUNR) Files for $300M Share Offering, 160M Share Offering by Selling Stockholders
- Home Depot (HD) to Acquire SRS Distribution for $18.25B EV
LendingClub (LC) Misses Q1 EPS by 1c
May 8, 2018 4:43 PM EDTLendingClub (NYSE: LC) reported Q1 EPS of ($0.02), $0.01 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $151.7 million versus the consensus estimate of $152.75 million.
GUIDANCE:
LendingClub sees Q2 2018 revenue of $162-172 million, versus the consensus of $168.3... More