Lending Club Reports First Quarter 2015 Results

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Go back to Lending Club Reports First Quarter 2015 Results

Lending Club's (LC) Risk/Reward Improving, Says Pacific Crest; Analyst Maintains Sector Perform Rating

May 6, 2015 10:08 AM EDT

Pacific 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 EDT

LendingClub (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