LoanDepot (LDI) Reports Q2 Loss, Lags Revenue Estimates
LDIloanDepot(LDI) ZACKS·2024-08-07 07:00

LoanDepot (LDI) came out with a quarterly loss of 0.05pershareversustheZacksConsensusEstimateofalossof0.05 per share versus the Zacks Consensus Estimate of a loss of 0.08. This compares to loss of 0.19pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof37.500.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 37.50%. A quarter ago, it was expected that this lender would post a loss of 0.06 per share when it actually produced a loss of $0.21, delivering a surprise of -250%.Over the last four quarters, the company has surpassed consens ...