Benzinga | Aug 4, 2020 04:47PM EDT

LendingClub Q2 Adj. EPS $(0.60) Misses $(0.51) Estimate, Sales $43.90M Miss $58.22M Estimate

LendingClub (NYSE:LC) reported quarterly losses of $(0.60) per share which missed the analyst consensus estimate of $(0.51) by 17.65 percent. This is a 5900 percent decrease over losses of $(0.01) per share from the same period last year. The company reported quarterly sales of $43.90 million which missed the analyst consensus estimate of $58.22 million by 24.60 percent. This is a 76.99 percent decrease over sales of $190.81 million the same period last year.