Live Oak Bancshares (LOB) Lags Q4 Earnings Estimates

Core Viewpoint - Live Oak Bancshares reported quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of$0.49 per share, representing a significant earnings surprise of -55.10% [1] Financial Performance - The company posted revenues of $128.07 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.72$119.68 million [2] - Over the last four quarters, Live Oak Bancshares has surpassed consensus revenue estimates three times [2] Stock Performance - Live Oak Bancshares shares have increased approximately 4.5% since the beginning of the year, outperforming the S&P 500's gain of 2.9% [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.49 on revenues of$128.5 million, and for the current fiscal year, it is $2.52 on revenues of$559.6 million [7] - The estimate revisions trend for Live Oak Bancshares is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Zacks Industry Rank for Banks - Southeast is currently in the top 24% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8]