Live Oak Bancshares, Inc. (NASDAQGS:LOB) is scheduled to report Q4 earnings results on Wednesday, January 22, 2020, after the closing bell. Management plans to host a conference call on Thursday, January 23, 2020, at 9:00 a.m. ET.
The company is expected to report earnings of $0.13/share on revenue of $54.613 million. The consensus earnings per share (EPS) of $0.13/share is based on a poll of 1 analyst and represents a decline of -50.0% over the same quarter last year when the company reported earnings of $0.26/share.
The revenue forecast of $54.613 million based on a poll of 1 analyst implies a year-over-year (YoY) growth of 16.5%. Last year the company reported $46.86 million in revenue for the quarter.
|Metric||Expected||Prior Year||YoY Change|
Earnings Call Trends
Historically, management has exceeded analyst expectations 7 out of the last 8 tracked quarters, and missed expectations 1 quarter.
What are your expectations from Live Oak for earnings this quarter? Let us know in the comments!
In the following table, we summarize the company’s stock price movements after earnings releases. The “Price Day Prior” column shows the closing stock price on the day before the earnings report, and the “Price Next Day” column shows the stock price at the end of the trading day after the earnings report.
After the last earnings report for the period ending September 30, 2019, the stock price did not react much to the update.
|Report Date||Price Day Prior||Price Next Day||Change %||Result|
Fundamentals And Technical Analysis
Live Oak is currently trading at $18.70/share, up 0.0% for the day. The company is trading at approximately 91.4% of its 52-week high of $20.46/share. The company’s stock price is up 1.5% since the last earnings report and flat over the previous week.
The company’s 14 Day Relative Price Index (RSI) of 51.81 suggests the company is trading in technically neutral territory. The RSI is considered overbought when above 70 and oversold when below 30.
Live Oak’s current share price also implies a price-to-book (P/B) multiple of 1.4x. The following table summarizes some other key fundamental ratios:
|Last Fiscal Period||FY2019.Q3|
|Period End Date||September 30, 2019|
|Stock Price (Current)||$18.70|
|P/E Ratio (Fwd)||42.4x|
|Total Debt to Capital (%)||0.4%|
|Levered Free Cash Flow||-$538.7 million|
|Market Capitalization||$753.4 million|
Company Profile: Live Oak Bancshares, Inc.
Live Oak Bancshares, Inc. is a small-cap stock with a market capitalization of $753.4 million. The company operates in the Financial sector and the Banks industry.
Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various commercial banking products and services to individuals, small businesses, and professionals in North Carolina, the United States. The company accepts various deposit products, including noninterest-bearing demand, interest-bearing checking, money market, savings, and time deposits. It also offers commercial and industrial loans; construction and development loans; owner-occupied and non-owner occupied collateral commercial real estate loans; and commercial land loans. In addition, the company provides settlement, accounting, and securitization services for government-guaranteed loans; and wealth and investment management services to high-net-worth individuals and families.
Live Oak Bancshares, Inc. was founded in 2008 and is headquartered in Wilmington, North Carolina.