LoanDepot (LDI) Reports Q1 Loss, Misses Revenue Estimates
LDIloanDepot(LDI) Zacks Investment Research·2024-05-08 07:06

LoanDepot (LDI) came out with a quarterly loss of 0.21pershareversustheZacksConsensusEstimateofalossof0.21 per share versus the Zacks Consensus Estimate of a loss of 0.06. This compares to loss of 0.25pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−2500.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -250%. 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 $0.16, delivering a surprise of -166.67%. Over the last four quarters, the company has not been able ...