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LendingClub (LC) Reports Q4 Earnings: What Key Metrics Have to Say
LCLendingClub(LC) Zacks Investment Research·2024-01-31 00:36

LendingClub (LC) reported 185.61millioninrevenueforthequarterendedDecember2023,representingayearoveryeardeclineof29.4185.61 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 29.4%. EPS of 0.09 for the same period compares to 0.19ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof0.19 a year ago.The reported revenue compares to the Zacks Consensus Estimate of 180.68 million, representing a surprise of +2.73%. The company delivered an EPS surprise of +350.00%, with the consensus EPS estimate being $0.02.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wal ...