Ladder Capital Corp expected to post earnings of 24  cents a share - Earnings Preview

Ladder Capital

27/07/2022 03:01

* Ladder Capital Corp  LADR.N   LADR.K  is expected to show
a rise
in quarterly revenue when it reports  results on July 28. 
    * The New York City-based  company is expected to report  a
72.7% increase in revenue to $64.912 million from $37.58 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ladder Capital Corp
is
for earnings of 24 cents per share. For the same quarter last
year, the company reported earnings of 10 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 was unchanged 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 $11.38. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.20        0.19       0.25      Beat    30.2
 Dec. 31 2022  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.        0.06        0.07       0.04      Missed  -40
 31 2021                                                
 Dec. 31 2020  0.08        0.08       0.05      Missed  -35.2​
 Sep. 30 2020  0.09        0.10       0.16      Beat    56.9
 Jun. 30 2020  0.02        0.03       0.12      Beat    349.9
 This summary was machine generated July 27 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated