Live Oak Bancshares (LOB) Beats Q4 Earnings and Revenue Estimates

Live Oak Bancshares (LOB) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +69.64%. A quarter ago, it was expected that this bank holding company would post earnings of $0.58 per share when it actually produced earnings of $0.55, delivering a surprise of -5.17%.Over the last four quart ...