LendingClub Corporation LC reported second-quarter 2018 adjusted loss per share of 2 cents, which is narrower than the Zacks Consensus Estimate of a loss of 4 cents. Notably, the figure excludes expenses relating to regulatory litigation and goodwill impairment. Also, the figure reflects improvement from the prior-year quarter’s loss of 6 cents.Shares of LendingClub jumped 3.3% after the release of its second-quarter 2018 results. The company’s results primarily benefited from higher revenues and rise in loan originations. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) displayed impressive growth. However, a decline in loan balance and a rise in operating expenses were the major headwinds.After taking into consideration several significant items, consolidated net loss came in at $60.8 million compared with net loss of $25.4 million reported in the year-ago quarter.Revenues Improve, Costs Flare UpTotal net revenues grew 26.8% year over year to $177 million. The upside primarily stemmed from higher volume of loan originations. Moreover, the reported figure outpaced the Zacks Consensus Estimate of $164 million.Total operating expenses came in at $237.8 million, surging 44% from the prior-year quarter. The upswing primarily resulted from regulatory litigation expenses and goodwill impairment.Adjusted EBITDA totaled $25.7 million, up significantly from $4.5 million recorded in the prior-year quarter.In the reported quarter, loan originations were $2.8 billion, up 31% from the year-ago quarter.As of Jun 30, 2018, cash and cash equivalents were $434.2 million, up nearly 8.1% from the 2017 year-end figure. Loans held for investment were down 19.6% to $2.4 billion from $2.9 billion as on Dec 31, 2017. Total stockholders' equity was $871 million, down 5.9% from the Dec 31, 2017 level.GuidanceConcurrent with the June-end quarter results, management has provided guidance for third-quarter 2018 and full-year 2018.Third-Quarter 2018Total net revenues of $175-$185 millionAdjusted EBITDA of $18-$23 millionStock-based compensation of nearly $20 millionDepreciation and amortization and other net adjustments of roughly $13 millionNet loss of $10-$15 millionFull-Year 2018Total net revenues of $680-$705 millionAdjusted EBITDA of $75-$90 millionStock-based compensation of around $77 millionDepreciation and amortization and other net adjustments of roughly $51 millionNet loss in the range of $109-$124 millionBottom LineLendingClub’s revenue growth is commendable on the back of strong loans originations. Also, rise in adjusted EBITDA is impressive.Nonetheless, declining loan balance remains a headwind. Also, the company’s exposure to numerous legal hassles might keep its expenses elevated in the near term.LendingClub Corporation Price, Consensus and EPS Surprise LendingClub Corporation Price, Consensus and EPS Surprise | LendingClub Corporation QuoteLendingClub currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.Performance of Stocks in the Same SpaceCIT Group CIT reported second-quarter 2018 adjusted earnings from continuing operations of $1.00 per share, surpassing the Zacks Consensus Estimate of 97 cents. Also, this was above the prior-year quarter’s figure of 68 cents.Moody's Corporation MCO reported second-quarter 2018 adjusted earnings of $2.04 per share, which handily surpassed the Zacks Consensus Estimate of $1.88. Also, the bottom line improved 35% from the year-ago quarter.Synchrony Financial’s SYF second-quarter 2018 earnings per share of 92 cents surpassed the Zacks Consensus Estimate of 82 cents by 12.2%, mainly driven by interchange revenues and loan receivables growth. The bottom line also improved 51% year over year.More Stock News: This Is Bigger than the iPhone!It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.Click here for the 6 trades >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Moody's Corporation (MCO): Free Stock Analysis Report LendingClub Corporation (LC): Free Stock Analysis Report CIT Group Inc. (CIT): Free Stock Analysis Report Synchrony Financial (SYF): Free Stock Analysis Report To read this article on Zacks.com click here.