LendingClub Q3 2024 GAAP EPS $0.13 Beats $0.07 Estimate, Sales $201.881M Beat $190.458M Estimate
Portfolio Pulse from Benzinga Newsdesk
LendingClub reported Q3 2024 earnings of $0.13 per share, surpassing the analyst estimate of $0.07. Sales reached $201.881 million, exceeding the expected $190.458 million. This marks a slight increase from last year's sales of $200.849 million.
October 23, 2024 | 8:12 pm
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POSITIVE IMPACT
LendingClub's Q3 2024 earnings and sales exceeded expectations, with EPS at $0.13 and sales at $201.881M, indicating strong performance.
LendingClub's earnings per share and sales both exceeded analyst expectations significantly, which is likely to positively impact the stock price in the short term. The EPS beat by 85.71% and sales by 6%, showing strong financial performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100