Ladder Capital Corp expected to post earnings of 32  cents a share - Earnings Preview

Ladder Capital

24/07/2023 22:48

* Ladder Capital Corp  LADR.N   LADR.K  is expected to show
a rise
in quarterly revenue when it reports  results on July 26. 
    * The New York City-based  company is expected to report  a
51.5% increase in revenue to $98.887 million from $65.27 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 32 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 $11.39. ​​​

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 2023  0.30        0.30       0.38      Beat    26.7
 Dec. 31 2023  0.29        0.29       0.31      Beat    8.1
 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.        0.20        0.19       0.25      Beat    30.2
 31 2022                                                
 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
 This summary was machine generated July 24 at 21:48 GMT.  All
figures in US dollars  unless otherwise stated