LendingClub (LC) Q1 Earnings and Revenues Beat Estimates

LendingClub (LC) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.03 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 266.67%. A quarter ago, it was expected that this company that connects borrowers and lenders online would post earnings of $0.02 per share when it actually produced earnings of $0.09, delivering a surprise of 350%.Over ...