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LendingClub: Q2 Earnings Insights

LendingClub (NYSE:LC) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings LendingClub beat estimated earnings by 12.5%, reporting an EPS of $0.45 versus an estimate o...

Benzinga · 07/27/2022 17:47

LendingClub (NYSE:LC) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

LendingClub beat estimated earnings by 12.5%, reporting an EPS of $0.45 versus an estimate of $0.4.

Revenue was up $125.68 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.15 which was followed by a 18.69% increase in the share price the next day.

Here's a look at LendingClub's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.24 0.22 0.03 -0.43
EPS Actual 0.39 0.27 0.26 0.09
Revenue Estimate 262.07M 245.74M 221.19M 134.55M
Revenue Actual 289.54M 262.24M 246.17M 204.38M

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.