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Compared to Estimates, Ladder Capital (LADR) Q2 Earnings: A Look at Key Metrics
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For the quarter ended June 2024, Ladder Capital (LADR - Free Report) reported revenue of $76.73 million, up 3.5% over the same period last year. EPS came in at $0.31, compared to $0.33 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $62.15 million, representing a surprise of +23.45%. The company delivered an EPS surprise of +3.33%, with the consensus EPS estimate being $0.30.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Ladder Capital performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Total other income: $42.41 million versus the two-analyst average estimate of $29.02 million.
Net interest income: $34.32 million versus $33.13 million estimated by two analysts on average.
Fee and other income: $3.64 million versus $2.76 million estimated by two analysts on average.
Earnings from investment in unconsolidated ventures: $0.02 million versus the two-analyst average estimate of $0.19 million.
Real estate operating income: $26.13 million versus $24.57 million estimated by two analysts on average.
Shares of Ladder Capital have returned +3.9% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Compared to Estimates, Ladder Capital (LADR) Q2 Earnings: A Look at Key Metrics
For the quarter ended June 2024, Ladder Capital (LADR - Free Report) reported revenue of $76.73 million, up 3.5% over the same period last year. EPS came in at $0.31, compared to $0.33 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $62.15 million, representing a surprise of +23.45%. The company delivered an EPS surprise of +3.33%, with the consensus EPS estimate being $0.30.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Ladder Capital performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Total other income: $42.41 million versus the two-analyst average estimate of $29.02 million.
- Net interest income: $34.32 million versus $33.13 million estimated by two analysts on average.
- Fee and other income: $3.64 million versus $2.76 million estimated by two analysts on average.
- Earnings from investment in unconsolidated ventures: $0.02 million versus the two-analyst average estimate of $0.19 million.
- Real estate operating income: $26.13 million versus $24.57 million estimated by two analysts on average.
View all Key Company Metrics for Ladder Capital here>>>Shares of Ladder Capital have returned +3.9% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.