LendingClub Schedules Third Quarter 2020 Earnings Release and Conference Call
LendingClub Corporation (NYSE: LC) will report its third quarter 2020 earnings on November 4, 2020, after market close.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
LendingClub Corporation (NYSE: LC) will report its third quarter 2020 earnings on November 4, 2020, after market close. A conference call is scheduled for 2:00 p.m. Pacific Time to discuss the results. The earnings report will be accessible via a live webcast on LendingClub’s investor relations website. The audio replay will be available for one week following the call. Founded in San Francisco, LendingClub connects borrowers and investors through its online platform, aiming to provide cost efficiencies and access to affordable credit.
Positive
- Upcoming earnings report on November 4, 2020, may provide insights into financial performance.
- Conference call scheduled for immediate discussions post-earnings release.
Negative
- None.
Details
News Market Reaction – LC
The recorded move for LC in the trading session of this news was -5.56%.
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AI-generated analysis. How Rhea-AI works. Not financial advice.
SAN FRANCISCO, Oct. 13, 2020 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), America's largest online lending marketplace connecting borrowers and investors, announced that it will report earnings for the third quarter 2020 on Wednesday, November 4, 2020, after market close.
LendingClub will host a conference call to discuss the third quarter 2020 financial results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.
Webcast information
A live webcast of the call will be available at http://ir.lendingclub.com under the Filings & Financials menu in Quarterly Results. To access the call please dial +1 (888) 317-6003 or outside the U.S. +1 (412) 317-6061 with Conference ID 5926534 ten minutes prior to 2:00 p.m. Pacific Time (or 5:00 p.m. Eastern Time).
Replay
An audio archive of the call will be available at http://ir.lendingclub.com. An audio replay will also be available 1 hour after the end of the call until November 11, 2020 by calling +1 (877) 344-7529 or outside the U.S. +1 (412) 317-0088 with Conference ID 10148982.
About LendingClub
LendingClub was founded to transform the banking system to make credit more affordable and investing more rewarding. Today, LendingClub's online credit marketplace connects borrowers and investors to deliver more efficient and affordable access to credit. Through its technology platform, LendingClub is able to create cost efficiencies and passes those savings onto borrowers in the form of lower rates and to investors in the form of risk-adjusted returns. LendingClub is based in San Francisco, California. All loans are made by federally regulated issuing bank partners. More information is available at https://www.lendingclub.com.
CONTACT:
For Investors: IR@lendingclub.com
Media Contact: Press@lendingclub.com
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SOURCE LendingClub Corporation
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