loanDepot Inc expected to post a loss of 4 cents a share - Earnings Preview

Reuters
2024-11-02
loanDepot Inc <ldi.n> expected to post a loss of 4 cents a share - Earnings Preview </ldi.n>
  • loanDepot Inc LDI.N, LDI is expected to show a rise in quarterly revenue when it reports results on November 5 for the period ending September 30 2024

  • The Irvine California-based company is expected to report a 3.9% increase in revenue to $275.995 million from $265.66 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data. (Sale Represents Total Net Revenue)

  • ​LSEG's mean analyst estimate for loanDepot Inc is for a loss of 4 cents per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "hold" and 2 "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for loanDepot Inc is 2.25​, above​ its last closing price of $2.07. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jun. 30 2024

-0.10

-0.09

-0.05

Beat

43.4

Mar. 31 2024

-0.05

-0.06

-0.12

Missed

-114.3

Dec. 31 2023

-0.08

-0.07

-0.08

Missed

-11.6​

Sep. 30 2023

-0.07

-0.08

-0.08

Met

0

​​Jan. 1 0001

-0.12

-0.13

-0.11

Beat

16.9

Jan. 1 0001

-0.22

-0.23

-0.18

Beat

21.1​

Dec. 31 2022

-0.28

-0.27

-0.35

Missed

-32

Sep. 30 2022

-0.28

-0.27

-0.36

Missed

-34

This summary was machine generated November 2 at 03:48 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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