BUZZ-LendingClub tumbles as Q4 profit falls, misses estimates
ReutersJan 28, 2025 10:27 PM
Shares of financial services firm LendingClub LC.N slump 18.9% to $13.65 in after-hours trading
Company posts net income of $9.7 mln in Q4, vs $10.2 mln in the prior year
Profit in Q4 fell to 8 cents/share from 9 cents/share; analysts had expected EPS of 9 cents/share - LSEG
LendingClub sees return on tangible common equity of more than 8% in Q1 2025
Up to last close, LC had risen ~89% in the past 12 months
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