LendingClub (LC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended March 2024, LendingClub (LC) reported revenue of $180.69 million, down 26.5% over the same period last year. EPS came in at$ 0.11, compared to $0.13 in the year-ago quarter.The reported revenue represents a surprise of +3.54% over the Zacks Consensus Estimate of$ 174.52 million. With the consensus EPS estimate being $0.03, the EPS surprise was +266.67%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...