For the quarter ended December 2024, loanDepot (LDI) reported income of $257.46 million, up 12.6% over the identical interval final yr. EPS got here in at -$0.23, in comparison with -$0.16 within the year-ago quarter.
The reported income represents a shock of -17.05% over the Zacks Consensus Estimate of $310.4 million. With the consensus EPS estimate being $0.02, the EPS shock was -1250.00%.
Whereas traders scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time supply a extra correct image of an organization’s monetary well being.
Since these metrics play an important position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher undertaking a inventory’s value efficiency.
Right here is how loanDepot carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Revenues- Internet curiosity earnings: $1.34 million versus $2.35 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +2.9% change.
- Revenues- Different earnings: $13.63 million versus $26.40 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a -38% change.
- Revenues- Servicing price earnings: $108.43 million versus the two-analyst common estimate of $122.90 million. The reported quantity represents a year-over-year change of -18.2%.
- Revenues- Change in truthful worth of servicing rights, web: -$52.52 million versus the two-analyst common estimate of -$38.80 million. The reported quantity represents a year-over-year change of -8.6%.
View all Key Company Metrics for loanDepot here>>>
Shares of loanDepot have returned +2.4% over the previous month versus the Zacks S&P 500 composite’s -7.3% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it might carry out in step with the broader market within the close to time period.
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loanDepot, Inc. (LDI) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
