A look at key metrics compared to estimates

LendingClub (LC) reported revenue of $201.88 million for the quarter ended September 2024, up 0.5% year over year. Earnings per share were $0.13 in the same period, compared to $0.05 a year ago.

The reported revenue represented a surprise of +6.18% compared to the Zacks Consensus Estimate of $190.14 million. Since the consensus EPS estimate was $0.07, the EPS surprise was + 85.71%.

While investors closely monitor year-over-year changes in headline numbers – sales and earnings – and how they compare to Wall Street's expectations to determine their next course of action, a few key metrics always provide greater insight into a company's underlying performance.

Since these key figures play a crucial role in determining sales and profit figures, a comparison with the previous year's figures and analysts' estimates helps investors to better assess the price development of a share.

Here's how LendingClub performed in the just-reported quarter on the metrics most commonly monitored and predicted by Wall Street analysts:

• Net interest margin: 5.6% compared to the average estimate of 5.7% based on three analysts.

• Average Balance – Total interest-bearing assets: $9.96 billion versus an average of $9.15 billion estimated by three analysts.

• Net charge-off rate: 5.4% compared to the average estimate of 5.8% based on three analysts.

• Efficiency ratio: 67.5% versus an average of 74.7% estimated by three analysts.

• Common Equity Tier 1 capital ratio: 15.9% versus two analysts' average estimate of 17.6%.

• Total non-interest income: $61.64 million compared to the average estimate of $59.95 million based on six analysts.

• Net interest income: $140.24 million versus an average estimate of $129.75 million estimated by five analysts.

• Non-interest income – Other non-interest income: $3.26 million compared to the average estimate of $2.23 million based on five analysts.

• Non-interest income – marketplace income: $58.38 million versus an average estimate of $57.28 million estimated by five analysts.

• Total interest income: $240.38 million compared to the average estimate of $221.93 million based on five analysts.

You can find all of the important company metrics for LendingClub here>>>

LendingClub shares have returned +13.9% over the past month, while the Zacks S&P 500 Composite has seen a change of +2.7%. The stock currently has a Zacks Rank #1 (Strong Buy), which suggests it could outperform the broader market in the near term.

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LendingClub Corporation (LC): Free stock analysis report

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