LendingClub Reports Fourth Quarter and Full Year 2019 Results

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LendingClub (LC) Misses Q4 EPS by 12c

February 18, 2020 4:07 PM EST

LendingClub (NYSE: LC) reported Q4 EPS of ($0.08), $0.12 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $188.5 million versus the consensus estimate of $198.83 million.

Loan originations of $3.1 billion, up 7% year-over-year.Net Revenue of $188.5 million, up 4% year-over-year.GAAP... More