Loandepot Inc expected to post a loss of 8 cents a share - Earnings Preview

loanDepot

04/11/2023 03:05

* Loandepot Inc  LDI.N   LDI  is expected to show a rise in
quarterly revenue when it reports  results on November 7. 
    * The Irvine California-based  company is expected to report
 a
7.6% increase in revenue to $268.751 million from $249.66
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Loandepot Inc is
for a
loss of 8 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Loandepot
Inc is
$2​, above​ its last closing price of $1.49. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.12       -0.13      -0.11     Beat    16.9
 Mar. 31 2023  -0.22       -0.23      -0.18     Beat    21.1
 Dec. 31 2022  -0.28       -0.27      -0.35     Missed  -32​
 Sep. 30 2022  -0.28       -0.27      -0.36     Missed  -34
 ​​Jun.        -0.22       -0.22      -0.53     Missed  -137
 30 2022                                                
 Mar. 31 2022  0.03        0.03       -0.26     Missed  -1,047
                                                        .5​
 Dec. 31 2021  0.15        0.16       0.09      Missed  -44.7
 Sep. 30 2021  0.38        0.39       0.46      Beat    18.8
 This summary was machine generated November 4 at 03:05 GMT.  All
figures in US dollars  unless otherwise stated