Direct lender and loan adviser E-Loan ( EELN) raised its financial guidance for the second quarter and full year, thanks to a strong showing from its mortgage, home equity loan and auto loan operations.

The company now expects second-quarter revenue of $42 million and earnings of 10 cents to 11 cents a share. Previously E-Loan was looking for a top line of $39.5 million and net income of 8 cents a share.

For the full year, E-Loan forecast revenue of about $155 million and a profit of 35 cents a share. The prior guidance was for revenue of $144 million and earnings of 27 cents.

The company plans to release its second-quarter financial results on July 24.

Thomson First Call has estimates from only one analyst. That analyst is expecting second-quarter earnings of 8 cents and full-year profits of 29 cents.

Shares of E-Loan were up 56 cents, or 10%, to $6.02 in early Nasdaq trading.

If you liked this article you might like

Spain to Play Netherlands for World Cup

Spain to Play Netherlands for World Cup

Wal-Mart: Analysts' Upgrades, Downgrades

Wal-Mart: Analysts' Upgrades, Downgrades

Netherlands Advances to World Cup Final

Netherlands Advances to World Cup Final

Apple: Analysts' Upgrades, Downgrades

Apple: Analysts' Upgrades, Downgrades

World Markets Mostly Lower Monday

World Markets Mostly Lower Monday