Live Oak Bancshares (LOB) Q2 Earnings Miss Estimates

Company Performance - Live Oak Bancshares reported quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.52 per share, and down from $0.59 per share a year ago, representing an earnings surprise of -1.92% [1] - The company posted revenues of $143.75 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 4.16%, compared to year-ago revenues of $125.48 million [2] - Over the last four quarters, Live Oak Bancshares has not surpassed consensus EPS estimates, but has topped consensus revenue estimates three times [2] Stock Performance - Live Oak Bancshares shares have lost about 19.1% since the beginning of the year, while the S&P 500 has gained 7.3% [3] - The current consensus EPS estimate for the coming quarter is $0.61 on revenues of $144.9 million, and for the current fiscal year, it is $2.15 on revenues of $561.95 million [7] Industry Outlook - The Zacks Industry Rank for Banks - Southeast is currently in the top 14% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]