Lending Club Reports Second Quarter 2015 Results

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Go back to Lending Club Reports Second Quarter 2015 Results

Piper Jaffray Raises Price Target on zulily (ZU) to $14 Following EPS Beat

August 6, 2015 9:42 AM EDT

Piper Jaffray reiterated a Neutral rating on Zulily, Inc (NASDAQ: ZU), and raised the price target to $14.00 (from $10.00), following 2Q earnings. Sales were +4.4% to $297.6M compared to consensus estimates of $293.99M. EPS came in at $0.06 compared to $0.04 Consensus estimate.

Analyst Neely Tamminga... More

Lending Club's (LC) Overweight Rating Maintained at Pacific Crest

August 5, 2015 10:14 AM EDT

Pacific Crest maintained an Overweight rating on Lending Club (NYSE: LC) with a price target of $23. Comments follow its Q2 print. Analyst Josh Beck thinks results are likely to ease market concerns.

"Market qualms are likely to be eased by a hiqh-quality beat-and-raise on revenue and EBITDA. Platform and scale benefits... More

LendingClub (LC) Tops Q2 EPS by 1c; Boosts FY15 Revenue Outlook

August 4, 2015 4:30 PM EDT

LendingClub (NYSE: LC) reported Q2 EPS of $0.03, $0.01 better than the analyst estimate of $0.02. Revenue for the quarter came in at $96.1 million versus the consensus estimate of $91.77 million.

LendingClub sees Q3 2015 revenue of $106-108 million, versus the consensus of $102.2 million.

LendingClub sees FY2015... More