Ladder Capital Corp reports results for the quarter ended in March - Earnings Summary

Ladder Capital

29/04/2022 24:11

* Ladder Capital Corp  LADR.N  reported quarterly adjusted
earnings of 25 cents​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of 19 cents per share.
    * Revenue rose 43.1% to $56.21 million from a year ago; 
analysts
expected $54.33 million. 
    * Ladder Capital Corp's reported EPS for the quarter was 15
cents​.
    * The mean earnings estimate of analysts had risen by
about 11.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Ladder Capital Corp shares had fallen by 0.3% this
quarter and
lost 1.3% so far this year.
    * The company reported quarterly net income of $19.03
million.
    * Wall Street's median 12-month price target for Ladder
Capital
Corp is $13.50 
    * 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." 

This summary was machine generated April 28 at 11:11 p.m.  ​All
figures in US dollars unless otherwise stated