LendingClub (LC) Scheduled to Post Quarterly Earnings on Tuesday

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LendingClub (NYSE:LC) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, February 19th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Shares of LendingClub stock opened at $3.43 on Tuesday. LendingClub has a 52-week low of $2.46 and a 52-week high of $4.55. The stock has a market capitalization of $1.44 billion, a P/E ratio of -20.15 and a beta of 1.69. The company has a current ratio of 12.04, a quick ratio of 10.30 and a debt-to-equity ratio of 2.83.

LC has been the topic of a number of research reports. Zacks Investment Research cut LendingClub from a “buy” rating to a “hold” rating in a research note on Friday, January 4th. ValuEngine upgraded LendingClub from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd. Seven equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. LendingClub currently has a consensus rating of “Hold” and a consensus target price of $5.22.

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About LendingClub

LendingClub Corporation operates an online marketplace platform that connects borrowers and investors in the United States. Its marketplace facilitates various types of loan products for consumers and small businesses, including unsecured personal loans, unsecured education and patient finance loans, auto refinance loans, and unsecured small business loans.

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Earnings History for LendingClub (NYSE:LC)

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