LendingClub (NYSE:LC) reported its Q1 earnings results on Wednesday, April 27, 2022 at 04:06 PM.
Here's what investors need to know about the announcement.
Earnings
LendingClub beat estimated earnings by 62.5%, reporting an EPS of $0.39 versus an estimate of $0.24.
Revenue was up $183.70 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 29.24% drop in the share price the next day.
Here's a look at LendingClub's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.22 | 0.03 | -0.43 | -0.76 |
| EPS Actual | 0.27 | 0.26 | 0.09 | -0.49 |
| Revenue Estimate | 245.74M | 221.19M | 134.55M | 87.28M |
| Revenue Actual | 262.24M | 246.17M | 204.38M | 105.84M |
To track all earnings releases for LendingClub visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
