Lending Club Reports First Quarter 2015 Results
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Lending Club's (LC) Risk/Reward Improving, Says Pacific Crest; Analyst Maintains Sector Perform Rating
May 6, 2015 10:08 AM EDTPacific Crest maintained a Sector Perform rating on Lending Club (NYSE: LC) following the release of the company's Q1 results. Analyst Josh Beck said risk/reward in the stock was improving.
Beck explained, "Originations meaningfully exceeded our expectations due to established programs leading to... More
LendingClub (LC) Tops Q1 EPS by 1c, Raise FY Guidance
May 5, 2015 4:05 PM EDTLendingClub (NYSE: LC) reported Q1 EPS of $0.02, $0.01 better than the analyst estimate of $0.01. Revenue for the quarter came in at $81 million versus the consensus estimate of $75.7 million.
LendingClub sees Q2 2015 revenue of $90-92 million, versus the consensus of $88.18 million.379.02. It sees adjusted EBITDA(2)... More
