Brief: LoanDepot Q2 EPS USD -0.06

loanDepot

07/08/2025 21:22

Overview

LoanDepot adjusted revenue misses estimates

Q2 revenue rises 3% to $283 mln

Net loss narrows to $25 mln from $41 mln in prior qtr

Adjusted EBITDA increases to $26 mln, but misses expectations

Outlook

Company expects Q3 origination volume between $5.0 bln and $7.0 bln

Company projects Q3 pull-through weighted rate lock volume of $5.25 bln to $7.25 bln

Company anticipates Q3 pull-through weighted gain on sale margin of 325-350 basis points

Result Drivers

REVENUE GROWTH - Revenue increased 3% to $283 mln due to higher pull-through weighted lock volume and servicing income

EXPENSE MANAGEMENT - Expenses decreased 2% to $315 mln, driven by lower general and administrative expenses

TECHNOLOGY FOCUS - New leadership appointments to drive digital transformation and innovation, per CEO Anthony Hsieh

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$282.54 mln
Q2 Adjusted Revenue
Miss
$291.91 mln
$309.70 mln (3 Analysts)
Q2 EPS
-$0.06
Q2 Adjusted Net Income
Miss
-$16.01 mln
-$12.40 mln (4 Analysts)
Q2 Net Income
-$25.27 mln
Q2 Adjusted EBITDA
Miss
$25.63 mln
$49.40 mln (1 Analyst)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and 2 "sell" or "strong sell"

Wall Street's median 12-month price target for loanDepot Inc is $1.30, about 44.6% below its August 6 closing price of $1.88

Press Release: ID:nBw9V24rNa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)