Ladder Capital Corp expected to post earnings of 30  cents a share - Earnings Preview

Ladder Capital

24/10/2023 19:34

* Ladder Capital Corp  LADR.N   LADR.K  is expected to show
a rise
in quarterly revenue when it reports  results on October 26. 
    * The New York City-based  company is expected to report  a
42.0% increase in revenue to $101.321 million from $71.37
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 30 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​, above​ its last closing price of $9.14. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  0.29        0.29       0.31      Beat    8.1​
 Sep. 30 2022  0.25        0.24       0.27      Beat    11.6
 ​​Jun.        0.26        0.24       0.34      Beat    42.9
 30 2022                                                
 Mar. 31 2022  0.20        0.19       0.25      Beat    30.2​
 Dec. 31 2021  0.18        0.15       0.21      Beat    38.2
 Sep. 30 2021  0.11        0.10       0.14      Beat    42.9
 This summary was machine generated October 24 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated