Get ready to discover the eagerly anticipated third quarter financial results of LendingClub Corporation (NYSE: LC) on Wednesday 23rd October 2024. This significant announcement is scheduled to take place after market close, giving investors and analysts a chance to gain valuable insights into the company's financial performance.
In accordance with the predictions of financial analysts on Wall Street, the enterprise is on track to report an expected per share of $0.07 profit for the quarter. Furthermore, the firm is projected to disclose a total revenue of $190.1 million for this quarter.
In the previous year's corresponding quarter, the company's earnings report revealed a per-share income of $0.05. Moreover, the company achieved a remarkable total revenue of $200.85 million during that quarter.
The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $755.06 million. Further, they expect the earnings per share to achieve profit of $0.39 for the fiscal year.
The organization will host a conference call with investment community on 23rd October 2024 at 05:00 PM eastern time to discuss the financial results.
LendingClub Corporation (LC) closed Monday's regular trading session at $12.28, reflecting a 3.15 percent fall. The stock fluctuated between $12.27 and $12.80 during the day, with a volume of 938.40 thousand shares.