Live Oak Bancshares (NYSE:LOB) reported quarterly earnings of $0.21 per share which missed the analyst consensus estimate of $0.36 by 41.67 percent. This is a 41.67 percent decrease over earnings of $0.36 per share from the same period last year. The company reported quarterly sales of $126.11 million which beat the analyst consensus estimate of $121.60 million by 3.71 percent. This is a 8.52 percent increase over sales of $116.21 million the same period last year.