loanDepot (NYSE:LDI) reported its Q4 earnings results on Tuesday, March 12, 2024 at 04:03 PM.
Here's what investors need to know about the announcement.
Earnings
loanDepot missed estimated earnings by -14.000000000000002%, reporting an EPS of $-0.08 versus an estimate of $-0.07.
Revenue was up $58.97 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 8.0% increase in the share price the next day.
Here's a look at loanDepot's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.08 | -0.13 | -0.23 | -0.26 |
| EPS Actual | -0.07 | -0.20 | -0.19 | -0.35 |
| Revenue Estimate | 268.75M | 259.34M | 177.25M | 195.28M |
| Revenue Actual | 265.66M | 271.88M | 207.90M | 169.66M |
To track all earnings releases for loanDepot visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.