LendingClub (LC) Surpasses Q4 Earnings and Revenue Estimates

LendingClub (LC) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10%. A quarter ago, it was expected that this company that connects borrowers and lenders online would post earnings of $0.07 per share when it actually produced earnings of $0.13, delivering a surprise of 85.71%.Over th ...