Investing.com - Live Oak Bancshares Inc reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Live Oak Bancshares Inc announced earnings per share of $0.96 on revenue of $141.61. Analysts polled by Investing.com EPS of $0.45 on revenue of $115.8M.
Live Oak Bancshares Inc 's are up 102.69% and is trading at $29.50 , still down 70.47% from its 52 week high of $99.89 set on Friday, November 5, 2021.
Live Oak Bancshares Inc follows other major Financial sector earnings this month
Live Oak Bancshares Inc'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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