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Live Oak Bancshares, Inc. · NASDAQ · Financial Services
Browse public LOB signals with their source context and measured market impact. Open any signal for its permanent analysis page.
LOB reported Q2 2024 revenue of $125.48 million, up 15.7%. EPS increased to $0.59, exceeding estimates by 28.26%. Net charge-offs were 0.4%, higher than the expected 0.2%. Efficiency ratio improved to 61.9%, better than estimated 68.7%. LOB shares gained 30.3% in the past month, outperforming the market.
View signal analysisLOB reported Q2 earnings of $0.59, beating estimates by 28.26%. Quarterly revenues were $125.48 million, exceeding expectations by 1.95%. Report shows unfavorable estimate revisions ahead, lowering Zacks Rank to #4 (Sell). LOB shares underperformed the market, losing 4.5% year-to-date versus S&P 500's gain. The Southeast bank industry is in the bottom 38% of Zacks ranked industries.
View signal analysis- Live Oak Bancshares expected to report strong earnings growth of 4700% YoY. - Revenues expected to increase by 17% to $118.89 million YoY. - Earnings ESP indicates a potential negative surprise, with Most Accurate Estimate lower. - Historical data shows two beats out of the last four quarters. - Investors may want to consider other factors before betting on Live Oak Bancshares. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Research Analysis
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