Ladder Capital Corp reports results for the quarter ended December 31 - Earnings Summary

Ladder Capital

06/02/2025 14:32

* Ladder Capital Corp  LADR.N  reported quarterly adjusted
earnings of 27 cents​​ per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of 32 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 28 cents per
share. Wall Street expected results to range from 24 cents to 32
cents per share.
    * Revenue fell 22.3% to $78.10 million from a year ago;
analysts
expected $81.88 million. 
    * Ladder Capital Corp's reported EPS for the quarter was 25
cents​.
    * The company reported quarterly net income of $31.38
million.
    * Ladder Capital Corp shares had risen by 0.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the specialized
reits
peer group is also "buy"

Wall Street's median 12-month price target for Ladder Capital
Corp is $13.50 
This summary was machine generated from LSEG data February 6 at
02:32 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.28           0.27           Missed
 Sep. 30 2024      0.27           0.30           Beat
 Jun. 30 2024      0.30           0.31           Beat
 Mar. 31 2024      0.29           0.33           Beat