LendingClub Corporation (NYSE:LC) has scheduled a conference call for 4th November 2020 at 5:00 PM Eastern Time to announce its 3Q20 financial results.
The conference call will also be webcast live under the investor relations section of the website www.lendingclub.com
Earnings Expectation
LendingClub Corporation is expected to report third quarter earnings results, after market close, on Wednesday 4th November 2020. Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.45 per share from revenue of $ 56.91 million. Looking ahead, the full year loss are expected at $ 1.83 per share on the revenues of $ 297.60 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 790.00 million ~ $ 820.00 million
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LendingClub Corporation operates an online lending marketplace platform that connects borrowers and investors in the United States. The companys marketplace facilitates various types of loan products for consumers and small businesses, including unsecured personal loans, unsecured education and patient installment loans, auto refinance loans, and small business loans. It also enables investors to invest in a range of loans based on term and credit.