Lending Club Earnings Meet, Cautious On ’15 Revenue

By | February 24, 2015

Scalper1 News

Lending Club (LC), in its first earnings report since its December IPO, reported fourth-quarter earnings that met forecasts, though full-year revenue guidance was cautious. The company, which connects lenders with borrowers via an online peer-to-peer business model, reported earnings per share minus items of a penny, matching the consensus estimate of analysts polled by Thomson Reuters. It reported a 2-cents-per-share profit in the same period Scalper1 News

Scalper1 News