Recap: Live Oak Bancshares Q4 Earnings

Live Oak Bancshares LOB reported its Q4 earnings results on Wednesday, January 24, 2024 at 04:30 PM.

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

Live Oak Bancshares missed estimated earnings by 18.18%, reporting an EPS of $0.36 versus an estimate of $0.44.

Revenue was up $14.71 million from the same period last year.

Last quarter the company beat on EPS by $0.4 which was followed by a 7.22% increase in the share price the next day.

Here's a look at Live Oak Bancshares's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.48	0.31	0.34	0.43
EPS Actual	0.88	0.39	0.01	0.04
Revenue Estimate	112.88M	104.57M	109.73M	109.68M
Revenue Actual	127.30M	108.46M	101.60M	104.97M

To track all earnings releases for Live Oak Bancshares visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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