OnDeck Reports Second Quarter 2016 Financial Results
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BTIG Affirms On Deck Capital (ONDK) at 'Neutral'; Mix-Shift Seen as Continual Headwind
August 9, 2016 11:41 AM EDTBTIG affirms On Deck Capital (NYSE: ONDK) with a Neutral rating following Q2 results reported Monday night.
Analyst Mark Palmer commented today: At the root of investor concerns that have been weighing on shares of On Deck Capital (ONDK) for the past three months was the companys decision to shift its funding mix such that it retains more loans on its... More
FBR Capital Cuts Price Target on On Deck Capital (ONDK) to $6.00 Following 2Q
August 9, 2016 7:53 AM EDTFBR Capital maintained a Market Perform rating on On Deck Capital (NYSE: ONDK), and cut the price target to $6.00 (from $6.50), following the company's 2Q earnings report. ONDK reported an operating loss of $0.20 per share, $0.04 above consensus. Lower marketing costs were the primary reason for the beat. The... More
Needham & Company Remains Sidelined on On Deck Capital (ONDK) Following 2Q
August 9, 2016 7:32 AM EDTNeedham & Company maintained a Hold rating on On Deck Capital (NYSE: ONDK) following the company's 2Q earnings report. 2Q revenue rose 10% Y/Y to $69.5M, above the consensus estimates of $67.8M. Management introduced 3Q revenue guidance of $73-76M compared to consensus' $74.8M.... More
