Insider Trading Fri 11/3/23

Notable purchases -- President & CEO adds to B; notable sales -- Chairman & CEO active in CUBI

Buyers:

• AROW Directors (2) bought 4,460 shares at $21.27 - $21.52 worth ~$96K.
• B President & Chief Executive Officer and one (1) Director bought a total of 127,000 shares at $20.61 - $21.46 worth ~$2.7 mln.
• LC Chief Executive Officer, Chief Financial Officer, SVP-Corporate Controller, and nine (9) Directors bought a total of 120,000 shares at $5.15 - $5.25 worth ~$623K.
• MBLY Director bought 27,819 shares at $35.69 - $36.00 worth ~$1.0 mln.
• SBSI Director bought 3,555 shares at $26.83 - $27.10 worth ~$96K.
• WEX Director bought 1,000 shares at $165.31 worth ~$165K.

Sellers:

• APLT 10% owner sold 327,742 shares at $2.32 - $2.47 worth ~$781K.
• CUBI Chairman & CEO sold 100,739 shares at $39.06 - $42.27 worth ~$4.1 mln.
• ROVR 10% owner sold 449,780 shares at $6.21 - $6.50 worth ~$2.9 mln.
• TBBK EVP Head of Commercial Lending and EVP Head Commercial RE sold a total of 10,234 shares at $38.09 - $38.33 worth ~$391K.
• TZOO 10% owner sold 195,000 shares at $6.91 - $7.46 worth ~$1.4 mln.

This week's biggest % winners & losers : Jan 24 - 28, 2022 (wk 4)

The following are this week's top percentage gainers and losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top % gainers

• Healthcare: EOLS (6.93 +30.02%), MDRX (20.07 +17.09%), GLPG (66.21 +15.81%)
• Materials: TRQ (17.71 +14.6%)
• Consumer Discretionary: KSS (59.74 +27.53%), LRN (33.89 +26.17%), GRPN (26.66 +24.5%), BBBY (15.53 +19.83%), DESP (11.12 +18.55%), ARCO (6.31 +12.79%)
• Information Technology: GLW (41.36 +17.97%), FICO (488.85 +14.48%), CLS (12.19 +14.2%)
• Financials: FRBK (4.4 +15.49%)
• Energy: EXTN (5.06 +68.67%), TDW (15.13 +21.41%), AR (19.38 +14.17%), STNG (13.35 +13.23%), HAL (31.13 +13.04%), NINE (1.22 +12.14%)

This week's top % losers

• Healthcare: EPZM (1.06 -49.03%), TYME (0.32 -40.9%), TGTX (9.12 -32.79%), OPK (2.88 -32.19%), NVRO (62 -27.79%), SPPI (0.69 -27.35%), TRHC (10.18 -27.23%), AXDX (2.81 -26.95%), BEAT (1.91 -26.82%), QTNT (1.53 -20.57%)
• Consumer Discretionary: FLWS (15.82 -25.52%), NIO (20.51 -25.01%), TAL (2.57 -23.05%)
• Information Technology: TER (109.15 -23.88%)
• Financials: LC (16.57 -20.76%)
• Energy: ETRN (7.99 -22.73%)

Lending Club (LC) reported earnings on Wed 26 Jan 22 (a/h)

  ** charts after earnings **

 

 

 

 

Co reported Q4 results, topping consensus for revs, which increased +7% sequentially, outpacing growth in originations. Marketplace revs declined 2% sequentially. Net income was negatively impacted by $56.6 mln of notable items, including $39.5 mln of CECL provisioning, less net charge-offs. Issued upside guidance for Q1 revs and in-line guidance for FY22 revs. Co sees FY22 consolidated net income of $130-150 mln.

Earnings this week : Jan 24 - 28, 22 (wk 4)

Monday (Jan 24)

• Morning:  BOH CBU HAL PHG
• Afternoon: BRO CR ELS HOPE IBM IBTX LOGI SSB STLD WSFS ZION

Tuesday (Jan 25)

• Morning: MMM AXP ADM AUB BANC CVLT ERIC GATX GE IVZ JNJ LKFN LMT NEE NEP PCAR PII RTX UMC VZ XRX
• Afternoon:  AGYS BXP CADE CNI COF FFIV FCF HA MRTN MSFT NAVI NXGN RNR RNST SLGN LRN TXN TRMK UMBF VBTX WSBC

Wednesday (Jan 26)

• Morning:  ABT APH ANTM T ADP BA GLW FBP FBC FCX GD HES KMB KNX MKTX MNRO NDAQ NYCB NSC OSK PGR PB ROL RES SF TEL
• Afternoon:  AMP AZPN AVT AXS CACI CALX CLS CNS CNMD CCI CVBF DRE EW FLEX HXL INTC ISBC LRCX LSTR LVS LC LEVI MTH CASH MEOH MKSI PKG PLXS PTC XM RJF RLI SLM STX SEIC NOW SIMO SLG TER TSLA URI VRTX WHR WOLF XLNX

Thursday (Jan 27)

• Morning: FLWS AOS ALK ADS MO AIT BLL BX BC CNX CMCO CMCSA CFR DHR DOV DOW EXP EWBC EXTR HCA IP JBLU KEX MTSI HZO MMC MA MKC MCD MSCI MUR NTCT NOC NUE OSIS BPOP ROK RCI SAP SHW SFNC LUV STM TROW TDY TXT TSCO VLO VLY XEL
• Afternoon:  ABCB AAPL AJG TEAM AX BZH BOOT CP CATY CE EMN ETD FICO FHI FFBC FIBK GBCI HTH JNPR KLAC MITK MDLZ NATI OLN RMD RHI HOOD SYK X V WRB WAL WDC

Friday (Jan 28)  

• Morning:  ALV BMI BAH CAT CHTR CVX CHD CL GNTX LYB MOG.A PSX PFS SBSI SYF VFC WY WETF

Earnings spotlight: Monday, January 24 Philips (NYSE:PHG), Halliburton (NYSE:HAL) and IBM (NYSE:IBM).

Earnings spotlight: Tuesday, January 25 Verizon (NYSE:VZ), Johnson & Johnson (NYSE:JNJ), Lockheed Martin (NYSE:LMT), American Express (NYSE:AXP), Microsoft (MSFT), Capital One (NYSE:COF), F5 Networks (NASDAQ:FFIV ) and Texas Instruments (NASDAQ:TXN).

Earnings spotlight: Wednesday, January 26 AT&T (NYSE:T), Boeing (NYSE:BA), Abbott Labs (NYSE:ABT), Intel (INTC), Tesla (TSLA) and Lam Research (NASDAQ:LRCX).

Earnings spotlight: Thursday, January 27 Tesla (TSLA), Intel (INTC), Comcast (NASDAQ:CMCSA), Dow (NYSE:DOW), McDonald's (MCD), Mastercard (NYSE:MA), Altria (NYSE:MO), Southwest Airlines (NYSE:LUV), Apple (AAPL), Robinhood Markets (HOOD), Mondelez International (NASDAQ:MDLZ), Visa (NYSE:V) and Western Digital (NASDAQ:WDC).

Earnings spotlight: Friday, January 28 Chevron (NYSE:CVX), Phillips 66 (NYSE:PSX), Charter Communications (NASDAQ:CHTR), Caterpillar (NYSE:CAT) and Colgate-Palmolive (NYSE:CL).

This week's biggest % winners & losers: Oct 25 - 29, 2021 (wk 43)

The following are this week's top percentage gainers and losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top % gainers

• Healthcare: CARA (16.49 +29.84%), SLP (50.44 +28.11%), GRTS (10.93 +22.4%), MEDP (226.16 +20.92%), ARRY (21.21 +18.36%)
• Industrials: BE (31.17 +54.36%), ENPH (230.96 +30.71%), X (26.39  +15.34%)
• Consumer Discretionary: NEW (0.58 +28.37%), TSLA (1101.87 +21.13%), OSTK (96.49 +19.21%), MMYT (31.55 +17.77%)
• Information Technology: ATEN (18.72 +38.15%), CREE (120.87 +35.14%), PI (69.55 +26.43%), SLAB (189.55 +25.11%), MXL (62.8 +18.78%), TER (137.45 +18.37%)
• Financials: CADE (29.12 +35.57%), LC (46.43 +35.09%), LOB (88.08 +20.86%)

This week's top % losers

• Healthcare: DBVT (3.09 -44.02%), CDNA (50.91 -29.38%), ALNY (159.61 -19.64%)
• Materials: CENX (13.33 -14.75%)
• Industrials: UPWK (47.09 -19.78%), PRLB (59.43 -16.83%), TISI (2.41 -16.2%), AZUL (13.35 -15.05%)
• Consumer Discretionary: AAN (23.44 -22.64%), THRM (73.24 -16.21%), FTDR (37.08 -15.17%), TAL (4.1 -14.94%), MHK (177.21 -7.76%)
• Information Technology: CVLT (61.61 -19.22%), TWLO (293.07 -18.18%)
• Financials: JRVR (31.95 -18.22%), HOOD (34.97  -11.67%),  MGI (6.17  -9.41%)
• Energy: BTU (11.93 -15.72%)
• Consumer Staples: TPB (38.14 -19.71%)

Lending Club (LC) reported earnings on Wed 27 Oct 21 (a/h)

** before earnings **

 

 

 ** chart after earnings **

 

 

LendingClub (LC) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to loss of $0.25 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 581.82%. A quarter ago, it was expected that this company that connects borrowers and lenders online would post a loss of $0.41 per share when it actually produced earnings of $0.09, delivering a surprise of 121.95%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

LendingClub, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $246.17 million for the quarter ended September 2021, surpassing the Zacks Consensus Estimate by 11.79%. This compares to year-ago revenues of $74.71 million. The company has topped consensus revenue estimates three times over the last four quarters.

Earnings this week : Oct 25 - 29, 2021 (wk 43)

 

Monday, October 25: Kimberly-Clark (NYSE:KMB), Facebook (FB) and Universal Health (NYSE:UHS).

Tuesday, October 26: UPS (NYSE:UPS), General Electric (NYSE:GE), Lockheed Martin (NYSE:LMT), Alphabet (GOOG), Microsoft (MSFT), Twitter (NYSE:TWTR), F5 Networks (NASDAQ:FFIV), Hasbro (NASDAQ:HAS), Visa (NYSE:V), Robinhood Markets (NASDAQ:HOOD) and AMD (NASDAQ:AMD).

Wednesday, October 27: FISV, Boeing (NYSE:BA), Coca-Cola (NYSE:KO), Kraft-Heinz (NASDAQ:KHC), McDonald's (NYSE:MCD), eBay (NASDAQ:EBAY), Ford (NYSE:F) and General Motors (NYSE:GM).

• Afternoon: AFL AEM AGI ALGN ALGT ALSN NLY AM AR ACGL ASGN AZPN AVB AXS NTB BHE BMRN BOOT BCOV CACI CG CCS CHX CHDN CINF CNO CDE CTSH FIX CYH CNMD CLB CONE DRE EBAY EW ESI EHC ENSG EQT EQC ETD RE EVTC EXR FLEX FLS F FORM FWRD GSHD THG PI NGVT ISBC INVH IRBT JBT KRC KLAC KN LC MXL MTH MEOH MAA MKSI MC MOH MSA MUSA MYRG NTGR NDLS ORLY OII PGRE PEGA PDM PPC PLXS PPD RJF SIGI SCI NOW SIMO SNBR SSB SAVE SRI TDOC TROX TTMI TWLO TYL UCTT URI UPWK VICI WCN WOLF WH XLNX YUMC

Thursday, October 28: Anheuser-Busch InBev (NYSE:BUD), Caterpillar (NYSE:CAT), Merck (NYSE:MRK), MasterCard (NYSE:MA), Apple (AAPL), Atlassian (NASDAQ:TEAM), Amazon (AMZN), Altria Group (NYSE:MO), Hershey (NYSE:HSY), Comcast (NASDAQ:CMCSA), Keurig Dr Pepper (NASDAQ:KDP) and Starbucks (NASDAQ:SBUX).

• Morning: FLWS AOS ABMD AGCO ATI ALGM ADS AB ALNY MO AEP AMT BUD AVNT BAX BPMC BC CRS CARR CAT CBZ CBRE CHKP CLVT CMS CNX COLB CMCO CMCSA COR CFR DBD EXP EME FCN THRM GPI HSY HBAN IDA ITW IMAX INSM ITGR ICE JHG KBR KDP KEX LH TREE LECO LIN LKQ MA MDC MPW MD MRK MDP TAP MCO COOP NEM NLSN NOC NVCR NVT OSK OSIS OSTK PATK PTEN PBF BTU PRFT PRLB PACK RLGY RS RGEN RDS.A SAIA SNY SNDR SHOP SIRI SWI SAH SMP SWK STM TROW TFX TPX TXT TW TRS VLY VC WST WEX WLTW WNS XEL YUM
• Afternoon: ACHC AMZN ABCB AAPL ATR AJG TEAM AVTR AVT AX BIO CPT CDNA CWST CHE COHU COLM OFC CUZ DVA DECK DXCM DRQ EMN EIG ENVA EXPO FHI FE FTV FTAI FTDR GLPI GILD LOPE HIG HTGC HTH HUBG KMPR KNSL LMAT LPLA LTC MGRC MERC MMSI MSTR MHK MPWR NATI NXGN OPK PEB POLY POWI PTCT RNST RSG RMD SGEN SPNE SKX SKYW SM SPSC SSNC STAG SBUX SYK TEX TXRH X VRSN VCRA WRE WERN WDC AUY ZEN

Friday, October 29: Exxon Mobil (NYSE:XOM), AbbVie (NYSE:ABBV), Church & Dwight (NYSE:CHD), Chevron (NYSE:CVX), Colgate-Palmolive (NYSE:CL) and L3Harris Technologies (NYSE:LHX).

• Morning: ABBV AON ABR B BAH CCJ CRI CBOE CERN CHTR CVX CHD CL XOM FTS GWW HUN IMGN IMO LAZ LYB NWL PSX PSXP PNM POR PFS RCL SJR SHLX SLCA WPC WY WETF

This week's biggest % winners & losers: March 8 - 12, 2021 (wk 10)

The following are this week's top percentage gainers and losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top % gainers

• Healthcare: RUBY (16.43 +30.81%), CYH (11.28 +29.8%), TRHC (44.65 +29.42%), TLRY (27.57 +27.46%), SENS (3.16 +27.42%)
• Industrials: REVG (20.37 +52.13%), AFI (6.73 +29.42%)
• Consumer Discretionary: GME (264.5 +92.03%), EXPR (4.44 +80.49%), CHS (3.55 +51.71%), GPRO (10.75 +33.04%), FNKO (17.77 +32.02%)
• Information Technology: EBIX (33.17 +33.48%), MTLS (42.71 +27.53%)
• Financials: LC (15.08 +37.09%), MBI (9.93 +29.3%)
• Energy: DM (20.44 +30.19%), CLNE (14.87 +27.75%)

This week's top % losers

• Healthcare: ACAD (27.04 -44.79%), ANAB (21.35 -27.55%), QDEL (136.19 -9.99%)
• Materials: MYE (19.59 -11.84%)
• Consumer Discretionary: SFIX (53.87 -26.21%), TUP (24.98 -19.52%), PRTY (6.55 -12.2%), FOSL (14.51 -9.03%)
• Information Technology: ITRI (94.62 -14.7%), CLDR (12.76 -12.96%), MODN (38.96 -9.4%)
• Energy: EXTN (4.4 -12.35%), RES (6.31 -12.12%), HPR (8.08 -12.08%), BCEI (34.89 -11.67%), NR (3.61 -9.3%), TUSK (5.28 -9.12%), NGL (2.4 -9.09%)
• Utilities: JE (1.88 -51.79%)

Lending Club (LC) reported earnings 10 March 21 (a/h)

  ** charts after earnings ** 

 

** 3 days later **

Earnings this week : March 8 - 12, 2021 (wk 10)

Monday (Mar 8)

• Morning:  RDNT XPEV
• Afternoon: BNFT CASY GOCO NCMI SFIX

Tuesday (Mar 9)

• Morning: CMD DKS XENT PQG PLCE THO
• Afternoon:  ABM AVAV HRB NARI MDB OSH

Wednesday (Mar 10)

• Morning:  CPB SCOR GSKY REVG TUP UNFI VRA
• Afternoon:  AMC ASAN BLDP BEST CVGW CLDR FNV GDS KRO LC ORCL SUMO

Thursday (Mar 11)

• Morning: CELH GCO GOGO JD MYE OPCH SCWX SHYF
• Afternoon:  MSP DOCU DOMO LOCO GDRX MAX MVIS ULTA MTN WPM ZUMZ ZUO OPEN NX WORK SDC SWBI

Friday (Mar 12)  

• Morning:  BKE

Lending Club (LC) reported earnings on Wed 19 Feb 20 (b/o)

 ** charts after earnings **

 

 

 

 

 

 

 

 

 

 

 

LendingClub Gives Up On "Fintech" Charter, Pays $185M To Buy Bank Instead
The fintech has long partnered with Utah-based WebBank so that it can offer loans across the country without getting licensed in each state.

 LendingClub announced an agreement Tuesday to buy Radius Bancorp in a deal that will give the San Francisco-based fintech the bank charter it has been seeking.

The stock-and-cash transaction, which is valued at $185 million, represents a landmark for the U.S. online lending industry. LendingClub would become the first company in the sector’s history to purchase a bank.

Boston-based Radius is a $1.4 billion-asset company with a reputation as an innovator in digital banking. LendingClub said in a press release that the acquisition will allow for the creation of a scaled-up, digitally native bank that will enable customers to pay less when borrowing and earn more when saving.

Lending Club beats by $0.04, misses on revs; guides Q1 revs below consensus; guides FY20 revs below consensus

Reports Q4 (Dec) earnings of $0.08 per share, $0.04 better than the S&P Capital IQ Consensus of $0.04; revenues rose 3.9% year/year to $188.5 mln vs the $198.84 mln S&P Capital IQ Consensus.

Co issues downside guidance for Q1, sees Q1 revs of $170-$180 mln vs. $198.68 mln S&P Capital IQ Consensus. Expects GAAP consolidated Net Income (Loss) and Adjusted Net Income (Loss) both in the range of $(5) mln to $0 mln; and Adjusted EBITDA in the range of $25-$30 mln.

Co issues downside guidance for FY20, sees FY20 revs of $790-$820 mln vs. $869.36 mln S&P Capital IQ Consensus. Expects GAAP consolidated Net Income and Adjusted Net Income both in the range of $17-$37 mln; and Adjusted EBITDA in the range of $150-$170 mln.

Earnings this week : Feb 17 - 21, 20 (wk 8)

Monday (Feb 17)

• Holiday: Presidents' Day (US stock, bond, and options markets and the Federal Reserve Bank will be closed on Monday, February 17, 2020. Futures markets will close at 1pm ET.

Tuesday (Feb 18)

• Morning: AAP AEIS ALLE ATH BLMN CEVA CHH CEQP ECL EXPD FLR FELE GSX INMD JELD LDOS MDT SFL SITE TSEM TRU USAC VG VMC WAB WMT WLK
• Afternoon: A AMED ACC TXG ACC AWK ATRC BKD CHE CXO DVN FANG WIRE ENPH EVBG EXR GRPN HCKT HVT HQY HSTM HLF IOSP INVH KAR KRG KNL LZB LC DOOR NP NTR PLMR QTS ROIC RPAI SGMS SCPL SSTI SOI SHO TX TIVO TRTX TPH WRSK WNO

Wednesday (Feb 19)

• Morning: ADI ATHM BHC BCOR APRN FUN DISH ELAN ENBL ETR FVRR FDP GRMN GEL THRM GPC GLDD HEP IART NHI DNOW OC STNG SSW SAH SMP VPG WING
• Afternoon: AGI ALB Y ALSN CRMT AROC CAR AXTI SAM BCOV CAKE XEC CDE CYH CONE ESRT EIG ET FARO FIVN LOPE GDOT HCR HNI HST H IAG ICLR IMAX INOV IVR NVTA JACK JBT KALU KBR KL LSI MX MANT MASI MOS MSA LASR NE NDSN OIS OGS OSUR OR OVV PAAS PE PRDO PXD QTWO O RETA RBBN RPT SNBR SM SED SPTN STMP SUI SUN SNPS TVTY TSLX TRN UCTT UFPI VMI HCC WMB ZG

Thursday (Feb 20)

• Morning: AAN AKS AEP ARD AAWW BRC CAMT CBZ CLF COMM CSTM COT DNR DPZ EPAM FOCS GIL HEES HSIC HFC HRL HPP IDA ITGR I IDCC LAMR LXP LKQ MD MFA NEM NCLH OPI PCRX PQG RCM RS RGEN SHLX SIX SO STFC SCL STOR SYNH TFX TNC TEN TXMD VTR VIAC VC WIX
• Afternoon: ADSW LNT COLD APPN ATR BAND BJRI BYD BVN BLDR COG CAI CATM CASA CWST CENX ED CNDT CORT CVA CUBE DRH BOOM DBX DCO EHTH EBS ENV EVRG FSLY FSLR FND GLPI GMED HTGC HBM LTHM MMI NBR NCMI NGHC NUVA OEC PEB PPC PRAH PRA PBYI RMAX RWT ROG SBAC SWM SEM SFM SSRM TXRH TMST TRUE OLED VAL VICI WK ZIXI ZS

Friday (Feb 21) 

• Morning: BCPC B CNK CFX DE ERF HSC HMSY ITT MGA PNW RY TECK WPC

Notable earnings reports:
Walmart (WMT), Agilent (NYSE:A), Herbalife (NYSE:HLF), Groupon (NASDAQ:GRPN) and Scientific Games (NASDAQ:SGMS) on February 18; IMAX (NYSE:IMAX), Blue Apron (NYSE:APRN), Wingstop (NASDAQ:WING), Albermarle (NYSE:ALB), Hyatt Hotels (NYSE:H), Sunoco (NYSE:SUN), Dish Network (NASDAQ:DISH) and Zillow (NASDAQ:ZG) on February 19; Norwegian Cruise Line Holdings (NYSE:NCLH), (NASDAQ:VIAC), Domino's Pizza (NYSE:DPZ), Universal Display (NASDAQ:OLED) and Dropbox (NASDAQ:DBX) on February 20; Diana Shipping (NYSE:DSX), Royal Bank of Canada (NYSE:RY) and Deere (NYSE:DE) on February 21.

Lending Club (LC) reported earnings on Tue 5 Nov 19 (a/h)

** charts after earnings **

 

 

 

Lending Club beats by $0.07, reports revs in-line

Reports Q3 (Sep) earnings of $0.09 per share, excluding non-recurring items, $0.07 better than the S&P Capital IQ Consensus of $0.02; revenues rose 10.9% year/year to $204.9 mln vs the $204.63 mln S&P Capital IQ Consensus.

Loan Originations -- Loan originations in the third quarter of 2019 were $3.3 billion, improving 16% compared to the same quarter last year.

Earnings this week : Nov 4 - 8, 19 (wk 45)

Monday (Nov 4)

• Morning: BHC CYOU COHU RACE FE GCI KOS MMYT SOHU S SUP SYY UAA
• Afternoon: AAN ACOR ADUS AOSL APLE APTS AWR BHF BKD BKH BWXT CBT CC CDE CDEV CHGG CPE DIOD DK DOOR ED ELVT ETH EVBG EVER FBM FICO FN FRPT FRTA FTSI GRPN HHC HIG HLIO HPR HR HTZ IFF ITRI JKHY KAMN KMPR KMT LASR LMNX MAR MDRX MOS MYGN NBIX NCMI NTR O OTTR OUT OXY PAHC PBPB PI PLMR PLOW PRU PXD QTS REAL RMBS RNG RYAM SHAK SHO SNCR STE STRL SWM SYKE TCMD THC TNDM TSE UBER VAC VECO WES WTR XEC 

Tuesday (Nov 5)

• Morning: AFI AGN AMRC AMRN ARNC ASC ATH ATHM ATRO AVNS AVTR BCPC BDX BMCH BPMC BSIG CEIX CHH CHK CNK CSWI CTLT EEX EMR ENDP EQM EXPD FI FIS FTDR GEO GLDD GSKY GSX HLNE HSIC ICPT IPHS IPI JLL LAMR LCII LGIH LPX MDGL MGP MNK MYE MYL NEM NOVT NPO NS NWN OCN OXFD PBI PINC PPL PTON RCM REGN RHP RPD SERV SGRY SRC SSTK SXC TA THR TLRA TPR TRVG UNT UNVR USAC USFD VCEL VIRT VPG VRTV VST WBT WLK ZBH
• Afternoon: ACHC AKCA ALRM Y ATUS AVD ANDE AINV AIZ AVLR BTG BEAT WIFI CZR CARG CDK CENX CNO COHR CMP CPSI SCOR CPS CSOD CCRN CWK DVA DVN FANG DEI EVRI ES EVH FATE FRGI FIVN FLDM FTR GTES GTE GPRE GHL GWPH HCKT HCR HST HUBS ICHR IOSP INGN INSP PODD IPAR IRTC JAZZ KAR KRG KTOS KPI LC LGND LTHM MTCH MBI MCHP MODN MWA NP NEWR NUS OAS OHI OPK PE PAYS PAA PAGP PLT PTLA PRMW PRA RDUS RRGB RRR RGNX SWIR SSRM SXI INN SUPN CGBD TSLX TRUP TWO RARE VGR VOYA WMC WLL WW

Wednesday (Nov 6)

• Morning: AES XLRN AYR ALE AMRX ANIP WAAS GOLD BKI BLMN BCOR BR CSTE CPRI CRCM CARS CBRE FUN GIB CRL IMOS CIR CWEN CNHI CNR COTY CVIA CVS CYBR DEA ELAN ENBL ESPR GLOG GCP GEL HZNP HUM NSIT IONS JELD KELYA KL LAUR LXP LL MFA MIDD NYT NXST DNOW ODP OMI PZZA PFGC PRGO DOC RDWR SMG SEE SQNS SBGI SND VNTR VER VG VMC WNC WD WEC WEN WLH
• Afternoon: AIMT, ATSG, ALB, LNT, UHAL, AEL, ANGI, ANSS, AAOI, ASRT, ATO, EQH, AXGN, BIDU, BAND, BNFT, BL, BRKS, CECO, CVNA, CTL, COLL, CNDT, CXW, DAR, DCP, DXCM, DXPE, DVAX, ELF, EGAN, ERI, EBS, ECPG, ET, ELF, ENS, EOG, EVRG, EXPE, STAY, FG, FISV, FIT, FLT, FLO, FLNT, FSCT, FOSL, FOXA, GKOS, GMED, GLUU, GDDY, LOPE, HOLX, TWNK, IAG, ICFI, IAC, IVC, NVTA, IQ, KGC, LCI, LHCG, RAMP, MFC, MRO, MTRX, NTRA, NKTR, NVRO, NEX, OSUR, ORA, OR, PAAS, PGRE, PK, PDCE, PLYA, PRI, PROS, PSEC, PRSC, PBYI, QTWO, QCOM, QUOT, RP, RDFN, RCII, REZI, ROKU, RGLD, RUBI, SAIL, SGMO, WTTR, SEDG, SJI, SWX, SPTN, SQ, SLF, SUN, TLND, TTGT, TXMD, TMST, TPIC, TRIP, TCX, TPC, UPWK, VVV, VNDA, VERI, VSLR, WK, WMGI, WYNN, ZAGG, ZAYO 

Thursday (Nov 7)

• Morning: ACIW, ADNT, WMS, APD, AMC, ABC, MT, AVA, AZUL, BCC, CAH, ECOM, CBB, CLVS, CCOI, CMCO, COMM, CORE, COT, DNR, DISCA, DISH, SATS, EPAM, EVOP, AG, FOCS, GOGO, GTN, HAIN, HL, HIMX, HII, INXN, JCI, KDP, KTB, KOP, LXRX, MBUU, MCFT, MDP, VIVO, MSGN, NHI, EYE, NLSN, NBL, NOMD, NCLH, NVMI, NRG, OGE, PCRX, PRTY, PRFT, PGTI, PNW, PLUG, RL, RLGY, SBH, SEAS, SNH, STRA, TGNA, TSG, TWI, THS, GTS, TGI, USPH, VSTO, WRK, WWW, ZTS 
• Afternoon: AAXN, AGO, AGS, AIRG, AL, ALTR, AMBC, AMH, AMPH, ANAB, AQN, ARLO, ARNA, ATVI, AVID, BE, BEDU, BGNE, BKNG, BOLD, CABO, CDAY, CHUY, COLD, CORT, CTRE, CUTR, CWH, CYRX, DBX, DIS, EB, ENLC, ENV, FARM, FSLY, G, GDOT, GH, GPRO, GSBD, IVR, JAG, JJSF, KIDS, KRO, KSHB, LADR, LPSN, MAIN, MATX, MED, MIME, MITK, MMI, MNST, MOD, MRAM, MTD, MTW, NCR, NDLS, NLOK, NNBR, NNI, NVEE, NWSA, ONTO, PEGA, PEN, PETQ, PLNT, PRAA, QHC, QNST, RBA, RLJ, RVLV, SCPL, SEMG, SGMS, SIEN, SPPI, SRPT, STMP, SVMK, SWAV, SWCH, TDC, TIVO, TRHC, TROX, TRUE, TTD, TTWO, TUSK, TXG, UEPS, UNIT, UPLD, VRTU, VSAT, WPRT, WSC, WTRH, XOG, YELP, ZG, ZGNX, ZIOP

Friday (Nov 8)

• Morning: AER, AEE, EPAY, CLNY, DRH DUK, ENB, ERF, ETM, ESNT, FLY, GTX, GNLN, HMC, MSG, MGA, ZEUS, REV, SSP, SVC, STWD, USCR, UNT

Notable earnings reports: 

• Under Armour (NYSE:UAA), Uber (UBER), Shake Shack (NYSE:SHAK), Marriott International (NASDAQ:MAR) and Bausch Health (NYSE:BHC) on November 4; 
• Booking Holdings (NASDAQ:BKNG), Match (NASDAQ:MTCH), Peloton Interactive (NASDAQ:PTON) and Tapestry (NYSE:TPR) on November 5; 
• Baidu (NASDAQ:BIDU), Square (NYSE:SQ), Roku (NASDAQ:ROKU), Qualcomm (NASDAQ:QCOM), Expedia (NASDAQ:EXPE), Barrick Gold (NYSE:GOLD) and CVS Health (NYSE:CVS) on November 6; 
• Disney (NYSE:DIS), Activision Blizzard (NASDAQ:ATVI), GoPro (NASDAQ:GPRO), Take-Two Interactive (NASDAQ:TTWO), Wynn Resorts (NASDAQ:WYNN), Dropbox (NASDAQ:DBX) and Zillow (NASDAQ:ZG) on November 7; 
• Scientific Games (NASDAQ:SGMS) and Duke Energy (NYSE:DUK) on November 8.

-====Lending Club (LC) reported earnings on Tue 19 Feb 19 (a/h)

 

Lending Club misses by $0.03, reports revs in-line

• Reports Q4 (Dec) loss of $0.01 per share, excluding non-recurring items, $0.03 worse than the S&P Capital IQ Consensus of $0.02; revenues rose 16.0% year/year to $181.5 mln vs the $182.59 mln S&P Capital IQ Consensus.
• Adjusted EBITDA was $28.5 million in the fourth quarter of 2018, improving $9.4 million compared to the same quarter last year and improving $0.4 million from the third quarter of 2018.
• Loan originations of $2.9 billion, up 18% year-over-year.

Earnings this week : Feb. 18 - 22, 2019 (wk 8)

Earnings confirmed to report this week:

Monday (Feb 18) 

• (Holiday) U.S. Market Closed

Tuesday (Feb 19)

• Morning: AAP ALLE WTR AAWW CLR CTB CEQP ECL FELE FDP GDI GPC HLX HIMX HEP HOLI JELD LDOS DOOR MDT NEO NBL SAGE SCI SITE TTS TSEM RIG USAC WMT
• Afternoon: ACC AWK CDNS CRMT CXW DVN  FIVN HLF HST HSTM HVT INST KAR KRG LC LMAT LNTH LZB NTB NVTA RARE SSTI TILE TVTY TXRH VRSK WIRE

Wednesday (Feb 20)

• Morning: ADI AROC BHC BDC CNDT CVS ETR FMS GCI GRMN GEL GVA HSIC HFC IPHS I LAMR NI OMI OC QUAD SAH SO TRGP VNTR VPG WIX WWW
• Afternoon: A ALB ATR AXTI CAI CAKE CAR  CBLK CDE CECO CHE CLI CONE CUTR CYH FLS FTI GDDY GDOT GHDX IAG ICLR INOV IVR JACK KALU LASR LOPE MANT MMI NDSN NE NTES NUVA O OR PAAS PEGA PI QEP RGR ROG RPT SAM SEDG TMST TRN TSLX TYL UFPI VIPS VMI WK WPG WPX WRI XEC Y

Thursday (Feb 21)

• Morning:  BRC DIN DLPH DPZ FND GIL GOGO HL HRL ITGR NCLH NEM PLAB PWR RGEN ROCK RS SFM SGMs STOR TFX VG WEN
• Afternoon:  AAOI ACIA ADSW AL AMH ANIK APPN ATUS BEAT BIDU BJRI BMRN BOOM BYD CASA CATM CBPX CENX CHSP COLD CUBE CWST CZR DBX DXCM EBS ECOL ED EGO  ENV EVRG EXAS FIX FLR FSLR GMED HALO HCC HPE HTGC INFN INT INTU IQ KEYS KHC LNT LPSN MATX MDRX NCMI NVRO OLED PAGS PBA PE PRA RMAX ROKU SBAC SEM SSRM STMP SWM TGH TTD TXMD UCTT VERI VLRS XOG

Friday (Feb 22)

• Morning: AN ASIX B CNK COG COT ERF ETM HMSY ITT MGA MNTA PNW RCM RUTH RY TDS TVPT USM W WPC

-=Lending Club (LC) reported earnings on Tue 8 May 2018 (a/h)

Lending Club beats by $0.02, reports revs in-line; guides Q2 revs in-line; guides FY18 revs in-line 

• Reports Q1 (Mar) earnings of $0.01 per share, excluding non-recurring items, $0.02 better than the Capital IQ Consensus of ($0.01); revenues rose 21.8% year/year to $151.7 mln vs the $150.62 mln Capital IQ Consensus.
• Co issues in-line guidancefor Q2, sees Q2 revs of $162-172 mln vs. $167.06 mln Capital IQ Consensus Estimate.
  • Net loss in the range of$10-20 mln;
  • Adjusted EBITDA in the range of $12-22 mln.
• Co issues in-line guidancefor FY18, sees FY18 revs of $680-705 mln vs. $694.98 mln Capital IQ Consensus Estimate.
  • Net Loss in the range of $55-70 mln;
  • EBITDA in the range of $75-90 mln.

-=Lending Club (LC) reported earnings on Tue 20 Feb 2018 (a/h)

Lending Club misses by $0.01, reports revs in-line; guides Q1 revs below consensus; guides FY18 revs in-line(

• Reports Q4 (Dec) earnings of $0.01 per share, excluding non-recurring items, $0.01 worse thanthe Capital IQ Consensus of $0.02; revenues rose 19.9% year/year to $156.5 mln vs the $157.55 mln Capital IQ Consensus, driven primarily by a higher volume of loan originations in the fourth quarter of 2017 compared to the same quarter last year. Net revenue as a percent of originations, or revenue yield, was 6.42% in the fourth quarter of 2017.
• Loan originations in the fourth quarter of 2017 were $2.44 billion, remaining relatively flat from the third quarter of 2017 and up 23% compared to the same quarter last year.
• Co issues downside guidance for Q1, sees Q1 revs of $145-155 mln vs. $158.58 mln Capital IQ Consensus Estimate; Net Income (Loss) in the range of $(25) million to $(20) million; Adjusted EBITDA in the range of $5 million to $10 million.
• Co issues in-line guidance for FY18, sees FY18 revs of $680-705 mln vs. $692.09 mln Capital IQ Consensus Estimate. Net Income (Loss) in the range of $(53) million to $(38) million; Adjusted EBITDA in the range of $75 million to $90 million. vs. $44.6 mln in FY17.

-=Lending Club (LC) Investor Day Presentation

Lending Club Investor Day Presentation- Guides Q4 and FY128 revenues below consensus; 

• Long-term plan to drive top line growth by 15-20% while expanding EBITDA margin to approx ox 20%
• Sees its penetration rate is approx 3-4% of a $300-350 bln segment.
• Estimates a $75 mln per quarter origination volume lift.
• Investor related revenue expected to be in the range of $85-90 mln, 2018 $125-145 mln
• 2017 Adjusted EBITDA Margin expected to be 7.6% at the mid-point; 2018 is 11.9% at the mid point.
• Increasing revenue yield from Program Fees, Gain on Sale, and Net Interest Margin expanding total revenue yield in 2018.
• Q4 Guidance
  • Net Revenue $155-160 mln, Capital IQ consensus $163 mln
  • GAAP Net Income ($10 mln)-($6 mln)
  • Adjusted EBITDA $16-20 mln
  • Volumes in line now expect a ($3M) timing impact to both our Revenue & EBITDA from holding the residual from our recent securitization.
• 2018 Guidance
  • Net Revenue in the range of $680-705 mln, Capital IQ consensus $734 mln
  • GAAP Net Income ($53 mln)-($38 mln)
  • Adjusted EBITDA $75-90 mln
  • Adjusted EBITDA Margin 11.9% in mid range 

=Lending Club (LC) reported earnings on Tue 7 Nov 017 (a/h)

Lending Club misses by $0.05, misses on revs; guides Q4 revs below consensus 

• Reports Q3 (Sep) loss of $0.02 per share, $0.05 worse than the Capital IQ Consensus of $0.03; revenues rose 34.4% year/year to $154 mln vs the $157.03 mln Capital IQ Consensus.
• Co issues downside guidance for Q4, sees Q4 revs of $158-163 mln vs. $173.68 mln Capital IQ Consensus Estimate.
  • Co sees net Income (Loss) in the range of $(7) million to $(3) million.
  • Co guides for adjusted EBITDA in the range of $19 million to $23 million.
• "We are seeing operating leverage as we continue to scale and invest in reducing friction and creating efficiency in our products. We closed our third quarter with $20.9 million in adjusted EBITDA, expanding the margin by over 10 points."