LC - Why LendingClub Stock Took A Hit After-Hours | Benzinga
LendingClub Corp (NYSE: LC) shares are trading lower in Tuesday's after-hours session on the heels of the company's fourth-quarter earnings results.
What To Know: LendingClub reported quarterly earnings of nine cents per share, beating analyst expectations of two cents by 350%.
Quarterly sales clocked in at $185.60 million which surpassed the analyst consensus estimate of $182.36 million, a 29.35% decrease over sales of $262.71 million in the same period last year.
The company also reported loan originations of $1.6 billion, compared to $1.5 billion in the previous ...