LendingClub Reports Third Quarter 2019 Results

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LendingClub (LC) Tops Q3 EPS by 7c, Trims FY Guidance

November 5, 2019 4:46 PM EST

LendingClub (NYSE: LC) reported Q3 EPS of $0.09, $0.07 better than the analyst estimate of $0.02. Revenue for the quarter came in at $204.9 million versus the consensus estimate of $204.81 million.

GUIDANCE:

LendingClub sees FY2019 revenue of $760-770 million, versus the consensus of $779.4... More