loanDepot Inc reports results for the quarter ended June 30 - Earnings Summary
loanDepot Inc reports results for the quarter ended June 30 - Earnings Summary
loanDepot Inc LDI.N reported a quarterly adjusted loss of 10 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -5 cents. The mean expectation of four analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -5 cents to 3 cents per share.
Revenue rose 19.4% to $337.32 million from a year ago; analysts expected $333.59 million.
loanDepot Inc's reported EPS for the quarter was a loss of 2 cents.
The company reported a quarterly loss of $4.53 million.
loanDepot Inc shares had fallen by 13.6% this quarter and lost 47.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 125% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and 2 "sell" or "strong sell."
Wall Street's median 12-month price target for loanDepot Inc is $1.38, about 23.6% above its last closing price of $1.05
This summary was machine generated from LSEG data August 4 at 11:20 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 |
Jun. 30 2026 | 0.00 | -0.10 | Missed |
Mar. 31 2026 | -0.04 | -0.10 | Missed |
Dec. 31 2025 | -0.04 | -0.10 | Missed |
Sep. 30 2025 | -0.01 | -0.01 | Met |
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loanDepot Inc reports results for the quarter ended June 30 - Earnings Summary
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