Live Oak Bancshares (NYSE:LOB) reported quarterly earnings of $0.60 per share which beat the analyst consensus estimate of $0.49 by 22.45 percent. This is a 185.71 percent increase over earnings of $0.21 per share from the same period last year. The company reported quarterly sales of $145.474 million which missed the analyst consensus estimate of $146.603 million by 0.77 percent. This is a 15.35 percent increase over sales of $126.113 million the same period last year.