Live Oak Bancshares (LOB) Reports Q1 Earnings: What Key Metrics Have to Say

For the quarter ended March 2024, Live Oak Bancshares (LOB) reported revenue of $116.21 million, up 14.4% over the same period last year. EPS came in at$ 0.36, compared to $0.01 in the year-ago quarter.The reported revenue represents a surprise of -2.26% over the Zacks Consensus Estimate of$ 118.89 million. With the consensus EPS estimate being $0.48, the EPS surprise was -25.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...