Live Oak Bancshares (NYSE:LOB) reported quarterly earnings of $0.51 per share which missed the analyst consensus estimate of $0.54 by 4.67 percent. This is a 13.56 percent decrease over earnings of $0.59 per share from the same period last year. The company reported quarterly sales of $143.747 million which beat the analyst consensus estimate of $129.433 million by 11.06 percent. This is a 14.56 percent increase over sales of $125.479 million the same period last year.