|Bid||8.60 x 800|
|Ask||8.62 x 800|
|Day's Range||8.39 - 8.68|
|52 Week Range||2.65 - 18.97|
|Beta (5Y Monthly)||2.37|
|PE Ratio (TTM)||18.92|
|Earnings Date||Nov 05, 2020 - Nov 09, 2020|
|Forward Dividend & Yield||0.80 (9.70%)|
|Ex-Dividend Date||Jun 09, 2020|
|1y Target Est||10.42|
Ladder Capital (LADR) delivered earnings and revenue surprises of 200.00% and -26.42%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Ladder Capital Corp (NYSE: LADR) ("we," "Ladder," or the "Company") today announced operating results for the quarter ended June 30, 2020. GAAP loss before taxes for the three months ended June 30, 2020 was $5.7 million, and diluted loss per share was $0.04. Core earnings was $12.8 million, or $0.12 of core EPS. After-tax GAAP return on average equity was (1.2)% and after-tax core return on average equity was 4.0%.
Ladder Capital Corp (NYSE: LADR) will release its second quarter 2020 results on July 30, 2020 after the close of markets that day. The Company will host a conference call and webcast for investors at 5:00 p.m. Eastern Time that day to discuss the financial results.