Ladder Capital Corp expected to post earnings of 19  cents a share - Earnings Preview

Ladder Capital

27/04/2022 03:03

* Ladder Capital Corp  LADR.N   LADR.K  is expected to show
a rise
in quarterly revenue when it reports  results on April 28. 
    * The New York City-based  company is expected to report  a
38.3% increase in revenue to $54.333 million from $39.29 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ladder Capital Corp
is
for earnings of 19 cents per share. For the same quarter last
year, the company reported earnings of 4 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 2.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Ladder
Capital
Corp is $13.5​, above​ its last closing price of $11.80. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.18        0.15       0.21      Beat    38.2
 Sep. 30 2021  0.11        0.10       0.14      Beat    42.9
 Jun. 30 2021  0.05        0.05       0.10      Beat    108.3​
 Mar. 31 2021  0.06        0.07       0.04      Missed  -40
 ​​Dec.        0.08        0.08       0.05      Missed  -35.2
 31 2020                                                
 Sep. 30 2020  0.09        0.10       0.16      Beat    56.9​
 Jun. 30 2020  0.02        0.03       0.12      Beat    349.9
 Mar. 31 2020  0.06        0.22       0.26      Beat    17.3
 This summary was machine generated April 27 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated