Ladder Cap Q2 2024 Adj EPS $0.31 Beats $0.30 Estimate, Sales $76.725M Miss $86.804M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ladder Capital (LADR) reported Q2 2024 adjusted EPS of $0.31, beating the estimate of $0.30. However, sales were $76.725 million, missing the estimate of $86.804 million.
July 25, 2024 | 12:48 pm
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Ladder Capital (LADR) reported better-than-expected Q2 2024 adjusted EPS of $0.31, but sales missed estimates, coming in at $76.725 million compared to the expected $86.804 million.
While the EPS beat is a positive sign, the significant miss on sales could offset the positive sentiment, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100