Investing.com - LendingClub Corp reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
LendingClub Corp announced earnings per share of $0.36 on revenue of $304.90. Analysts polled by Investing.com EPS of $0.32 on revenue of $294.82M.
LendingClub Corp 's are up 102.69% and is trading at $10.68 , still down 76.30% from its 52 week high of $49.21 set on Monday, November 1, 2021.
LendingClub Corp shares lost 8.40% to trade at $10.68 in after-hours trade the report.
LendingClub Corp follows other major Financial sector earnings this month
LendingClub Corp's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday, October 17, 2022 with third quarter EPS of $0.81 on revenue of $24.5B, for EPS of $0.7816 on revenue of $23.56B.
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