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.

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.

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.