LendingClub (LC) Beats Q2 Earnings and Revenue Estimates

LendingClub (LC) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +120.00%. A quarter ago, it was expected that this company that connects borrowers and lenders online would post earnings of $0.1 per share when it actually produced earnings of $0.1, delivering no surprise.Over the last ...