Stay updated with breaking news from Stephenm Cutler. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
LendingClub (NYSE:LC – Get Free Report) released its earnings results on Wednesday. The credit services provider reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.05, Briefing.com reports. LendingClub had a net margin of 8.66% and a return on equity of 7.11%. The firm had revenue of $232.50 million during the […]
LendingClub (NYSE:LC – Get Free Report) is scheduled to be releasing its earnings data after the market closes on Wednesday, July 26th. Analysts expect LendingClub to post earnings of $0.04 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link. LendingClub (NYSE:LC – Get Free […]
Shares of LendingClub Co. (NYSE:LC – Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price […]
Jefferies Financial Group started coverage on shares of LendingClub (NYSE:LC – Get Rating) in a report issued on Friday, The Fly reports. The brokerage issued a buy rating and a $13.50 target price on the credit services provider’s stock. Several other research firms also recently issued reports on LC. JPMorgan Chase & Co. initiated coverage […]
LendingClub Co. (NYSE:LC – Get Rating) saw a large drop in short interest in May. As of May 31st, there was short interest totalling 4,780,000 shares, a drop of 7.4% from the May 15th total of 5,160,000 shares. Based on an average trading volume of 2,010,000 shares, the days-to-cover ratio is currently 2.4 days. Analyst […]