shares of lendingclub corp lc were falling more than 15 in afterhours trading wednesday after the financial services and lending company topped expectations with the results from its latest quarter but delivered a downbeat outlook the company posted net income of 432 million or 41 cents a share up from 272 million or 26 cents a share in the yearearlier period the factset consensus was for 33 cents a share in earnings total net revenue increased to 3049 million from 2462 million while analysts had been expecting 2948 million as we anticipated marketplace volumes were impacted by higher funding costs for certain loan investors driven by rapidly increasing interest rates chief executive scott sanborn said in a release over time as rates stabilize and we continue to reprice personal loans we expect this impact to gradually moderate for the fourth quarter lendingclub executives expect 255 million to 265 million in revenue as well as 15 million to 25 million in net income the factset consensus was for 280 million in revenue along with 32 million in net income