For the quarter ended March 2024, Ladder Capital (LADR) reported income of $69 million, down 7.9% over the identical interval final 12 months. EPS got here in at $0.33, in comparison with $0.38 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $67.11 million, representing a shock of +2.81%. The corporate delivered an EPS shock of +6.45%, with the consensus EPS estimate being $0.31.
Whereas traders intently watch year-over-year adjustments in headline numbers — income and earnings — and the way they evaluate to Wall Avenue expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders challenge a inventory’s value efficiency extra precisely.
Right here is how Ladder Capital carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Whole different earnings: $31.86 million in comparison with the $26.89 million common estimate primarily based on two analysts.
- Internet curiosity earnings: $37.14 million in comparison with the $40.22 million common estimate primarily based on two analysts.
- Charge and different earnings: $3.70 million versus $2.08 million estimated by two analysts on common.
- Earnings from funding in unconsolidated ventures: -$0.02 million versus the two-analyst common estimate of $0.25 million.
- Actual property working earnings: $23.89 million in comparison with the $24.06 million common estimate primarily based on two analysts.
View all Key Company Metrics for Ladder Capital here>>>
Shares of Ladder Capital have returned -4.3% over the previous month versus the Zacks S&P 500 composite’s -3% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it may carry out in step with the broader market within the close to time period.
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Ladder Capital Corp (LADR) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
