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LendingClub Q4 Earnings Preview

Benzinga Newsdesk

LendingClub (NYSE: LC) unveils its next round of earnings this Tuesday, Feb. 19. Get prepared with Benzinga's ultimate preview for LendingClub's Q4 earnings.

Earnings and Revenue

LendingClub EPS will likely be near 2 cents while revenue will be around $181.86 million, according to analysts.

LendingClub reported per-share earnings of 1 cent when it published results during the same quarter last year. Sales in that period totaled $156.45 million. Sales would be up 16.24 percent from the year-ago period. Here's how the company's reported EPS has compared to analyst estimates in the past:

View more earnings on LC

 

Quarter Q3 2018 Q2 2018 Q1 2018 Q4 2017
EPS Estimate 0.02 0.02 -0.01 0.02
EPS Actual 0.03 0.03 0.01 0.01

Stock Performance

Over the last 52-week period, shares of LendingClub have declined 9.64 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already wary of 12-month losses prior to the announcement.

Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The average rating by analysts on LendingClub stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

LendingClub's Q4 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://services.choruscall.com/links/lc190219.html

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