loanDepot Inc reports results for the quarter ended March 31 - Earnings Summary

loanDepot

06/05/2025 23:33

loanDepot Inc LDI.N reported a quarterly adjusted loss of 8 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -12 cents.  The mean expectation of five analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -12 cents to -5 cents per share.

Revenue rose 18.5% to $273.62 million from a year ago; analysts expected $274.97 million.

loanDepot Inc's reported EPS for the quarter was a loss of 11 cents​.

The company reported a quarterly loss of $21.9 million.

loanDepot Inc shares had fallen by 9.2% this quarter and lost 47.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 417.3% 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 1 "strong buy" or "buy," 2 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the consumer lending peer group is also "hold"

Wall Street's median 12-month price target for loanDepot Inc is $1.50

This summary was machine generated from LSEG data May 6 at 10:33 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
Mar. 31 2025
-0.08
-0.08
Met
Dec. 31 2024
0.00
-0.24
Missed
Sep. 30 2024
-0.04
0.02
Beat
Jun. 30 2024
-0.09
-0.05
Beat