• LendingClub Corp LC.N reported quarterly adjusted earnings of 33 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 13 cents. The mean expectation of eleven analysts for the quarter was for earnings of 15 cents per share. Wall Street expected results to range from 9 cents to 22 cents per share.

• Revenue rose 32.7% to $248.44 million from a year ago; analysts expected $227.51 million.

• LendingClub Corp's reported EPS for the quarter was 33 cents​.

• The company reported quarterly net income of $38.18 million.

• LendingClub Corp shares had risen by 7.6% this quarter and lost 20.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 5% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the consumer lending peer group is also "buy"

• Wall Street's median 12-month price target for LendingClub Corp is $14.00, about 7.5% above its last closing price of $12.95

This summary was machine generated from LSEG data July 29 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)