LendingClub: Q1 Earnings Insights

LendingClub LC reported its Q1 earnings results on Wednesday, April 27, 2022 at 04:06 PM.

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

Earnings

LendingClub beat estimated earnings by 62.5%, reporting an EPS of $0.39 versus an estimate of $0.24.

Revenue was up $183.70 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 29.24% drop in the share price the next day.

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

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.