Live Oak Bancshares (NYSE:LOB) reported its Q4 earnings results on Wednesday, January 24, 2024 at 04:30 PM.
Here’s what investors need to know about the announcement.
Earnings
Live Oak Bancshares missed estimated earnings by 18.18%, reporting an EPS of $0.36 versus an estimate of $0.44.
Revenue was up $14.71 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.4 which was followed by a 7.22% increase in the share price the next day.
Here’s a look at Live Oak Bancshares’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.48 | 0.31 | 0.34 | 0.43 |
| EPS Actual | 0.88 | 0.39 | 0.01 | 0.04 |
| Revenue Estimate | 112.88M | 104.57M | 109.73M | 109.68M |
| Revenue Actual | 127.30M | 108.46M | 101.60M | 104.97M |
To track all earnings releases for Live Oak Bancshares visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
