LendingClub (LC) Surges 8.2%: Is This an Indication of Further Gains?
LendingClub (LC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
LendingClub: Too Early To Downgrade
LendingClub was downgraded by an analyst after the stock had seen a big rally in the last few months. The fintech has built a larger business set to top the peak results from 2022 prior to the interest rate cuts reduced the capital for investing in personal loans. The stock is cheap at 10x normalized EPS with substantial upside from a larger market now.
All You Need to Know About LendingClub (LC) Rating Upgrade to Buy
LendingClub (LC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
LendingClub (LC) Is Up 5.98% in One Week: What You Should Know
Does LendingClub (LC) have what it takes to be a top stock pick for momentum investors? Let's find out.
This Small-Cap Stock Is Up 63% in 2024. Here's Why a Historic Opportunity Could Send It Even Higher.
Consumers have racked up record credit card debt. Falling interest rates could benefit this company in a huge way.
LendingClub (LC) Is Up 2.01% in One Week: What You Should Know
Does LendingClub (LC) have what it takes to be a top stock pick for momentum investors? Let's find out.
LendingClub Stock Is Soaring. Strong Earnings May Bode Well for SoFi and Affirm.
J.P. Morgan analysts notes the lender's management says they are seeing bank partners return to the loan marketplace for the first time in about six quarters.
LendingClub Q3 Earnings: A Turnaround Stock As Interest Rates Decline (Upgrade)
I believe LendingClub's Q3 2024 earnings report was a solid, and the market rewarded it with a 6% increase in its share price. The company is capitalizing on favorable market conditions with consistent loan origination growth and a strategic $1.3 billion loan portfolio acquisition. I am confident that LendingClub's strong loan origination growth, recent loan portfolio acquisition, and improved return on assets make it well-positioned for a turnaround.
LendingClub Loan Originations Surge 27% as Consumers Look to Consolidate Debt
LendingClub's latest quarterly results show an acceleration of loan originations, and banks have moved back to the company's platform as consumers look for ways to consolidate and pay down debt — particularly credit card debt. The company's earnings supplementals indicated that loan originations were up 6% sequentially to $1.
LendingClub Corporation (LC) Q3 2024 Earnings Call Transcript
LendingClub Corporation (NYSE:LC ) Q3 2024 Earnings Conference Call October 23, 2024 5:00 PM ET Company Participants Artem Nalivayko - Head, IR Scott Sanborn - CEO Drew LaBenne - CFO Conference Call Participants Tim Switzer - KBW Vincent Caintic - BTIG Giuliano Bologna - Compass Point John Hecht - Jefferies Brad Capuzzi - Piper Sandler Reggie Smith - JP Morgan Operator Good afternoon. Thank you for attending today's LendingClub Third Quarter 2024 Earnings Conference Call.
LendingClub (LC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for LendingClub (LC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
LendingClub (LC) Beats Q3 Earnings and Revenue Estimates
LendingClub (LC) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.05 per share a year ago.
