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Tuesday, November 5, 2019

-=Lending Club (LC) reported earnings on Tue 5 Nov 19 (a/h)



Lending Club beats by $0.07, reports revs in-line
  • Reports Q3 (Sep) earnings of $0.09 per share, excluding non-recurring items, $0.07 better than the S&P Capital IQ Consensus of $0.02; revenues rose 10.9% year/year to $204.9 mln vs the $204.63 mln S&P Capital IQ Consensus.
  • Loan Originations -- Loan originations in the third quarter of 2019 were $3.3 billion, improving 16% compared to the same quarter last year.

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