Ladder Cap Q3 Distributable EPS $0.31 Beats $0.29 Estimate
Portfolio Pulse from Benzinga Newsdesk
Ladder Cap (NYSE:LADR) reported Q3 distributable earnings of $0.31 per share, beating the analyst consensus estimate of $0.29 by 6.9 percent.
October 26, 2023 | 12:36 pm
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POSITIVE IMPACT
Ladder Cap's Q3 earnings beat analyst estimates by 6.9%, which could positively impact the stock price.
Earnings beats typically lead to positive investor sentiment, which can drive up the stock price. Given that Ladder Cap's earnings beat the estimates by a significant margin, it's likely that the stock price will experience a positive impact in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100