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LendingClub Q1 2023 Earnings Report

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$16.46 +0.16 (+0.98%)
(As of 12/20/2024 05:40 PM ET)

LendingClub EPS Results

Actual EPS
$0.13
Consensus EPS
$0.12
Beat/Miss
Beat by +$0.01
One Year Ago EPS
$0.39

LendingClub Revenue Results

Actual Revenue
$245.70 million
Expected Revenue
$237.32 million
Beat/Miss
Beat by +$8.38 million
YoY Revenue Growth
-15.10%

LendingClub Announcement Details

Quarter
Q1 2023
Time
After Market Closes

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LendingClub Earnings Headlines

BTIG Sticks to Their Buy Rating for LendingClub (LC)
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
LendingClub management to meet with BTIG
LendingClub price target raised to $28 from $15 at BTIG
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About LendingClub

LendingClub (NYSE:LC), operates as a bank holding company, that provides range of financial products and services in the United States. It offers deposit products, including savings accounts, checking accounts, and certificates of deposit. The company also provides loan products, such as consumer loans comprising unsecured personal loans, secured auto refinance loans, and patient and education finance loans; and commercial loans, including small business loans. In addition, it operates an online lending marketplace platform. The company was incorporated in 2006 and is headquartered in San Francisco, California.

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