LendingClub Corporation (LC) reported earnings for its second quarter that Increases, from last year and beat the Street estimates.
The company's earnings came in at $38.18 million, or $0.33 per share. This compares with $14.90 million, or $0.13 per share, last year.
Analysts on average had expected the company to earn $0.15 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 32.7% to $248.44 million from $187.24 million last year.
LendingClub Corporation earnings at a glance (GAAP) :
-Earnings: $38.18 Mln. vs. $14.90 Mln. last year.-EPS: $0.33 vs. $0.13 last year.-Revenue: $248.44 Mln vs. $187.24 Mln last year.
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September 11, 2026 16:26 ET Consumer prices data was the main news on the economic front in the U.S. this week. In Europe, the latest interest rate decision from the European Central Bank was the focus along with the revised second quarter economic growth data for the euro area. In Asia, the monthly foreign trade data from China drew attention.