Ladder Capital Corp expected to post earnings of 29 cents a share - Earnings Preview

Ladder Capital

23/04/2024 14:49

* Ladder Capital Corp  LADR.N   LADR.K  is expected to show
a fall
in quarterly revenue when it reports  results on April 25 for
the period ending March 31 2024
    * The New York City-based  company is expected to report a
6.9% decrease in revenue to $96.626 million from $103.8 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Ladder Capital Corp is
for
earnings of 29 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"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 $12.50​, above​ its last closing price of $10.52. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.29        0.29       0.32      Beat    9.1
 Sep. 30 2023  0.29        0.30       0.31      Beat    5.1
 Jun. 30 2023  0.33        0.32       0.33      Beat    2.6​
 Mar. 31 2023  0.30        0.30       0.38      Beat    26.7
 ​​Dec.        0.29        0.29       0.31      Beat    8.1
 31 2022                                                
 Sep. 30 2022  0.25        0.24       0.27      Beat    11.6​
 Jun. 30 2022  0.26        0.24       0.34      Beat    42.9
 Mar. 31 2022  0.20        0.19       0.25      Beat    30.2
 This summary was machine generated April 23 at 13:49 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)