LendingClub Corp beat quarterly profit estimates on Tuesday, boosted by a rise i...
FILE PHOTO: A Lending Club banner hangs on the facade of the the New York Stock Exchange in New York, New York, United States December 11, 2014. REUTERS/Brendan McDermid/File Photo
Transaction fees jumped 22 percent to $135.4 million in the quarter, lifting the company’s overall revenue by 15 percent to $174.4 million. LendingClub forecast a loss between $6 million and $11 million, below Wall Street estimates of a $3.7 million loss.
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