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Live Oak Bancshares (LOB) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
LOBLive Oak(LOB) ZACKS·2024-10-24 00:05

Live Oak Bancshares (LOB) reported 129.93millioninrevenueforthequarterendedSeptember2024,representingayearoveryearincreaseof2.1129.93 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 2.1%. EPS of 0.28 for the same period compares to 0.88ayearago.Thereportedrevenuerepresentsasurpriseof+2.610.88 a year ago.The reported revenue represents a surprise of +2.61% over the Zacks Consensus Estimate of 126.63 million. With the consensus EPS estimate being $0.53, the EPS surprise was -47.17%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations ...