Ladder Capital Corp (LADR) Releases Earnings Results, Misses Expectations By $-0.03 EPS

Ladder Capital Corp (LADR) reported quarterly earnings results on Thursday, Aug-4-2016. The company reported $0.32 earnings per share for the quarter, missing the analyst consensus estimate by $-0.03. Analysts had a consensus of $0.35. Analysts expectations of $65.60 million. During the same quarter in the previous year, the company posted $0.51 EPS.

Ladder Capital Corp closed down -0.25 points or -1.91% at $12.81 with 1,54,903 shares getting traded on Tusday. Post opening the session at $13.09, the shares hit an intraday low of $12.8 and an intraday high of $13.13 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.

In a different news, on Aug 12, 2015, Mark David Alexander (director) purchased 50,000 shares at $15.66 per share price. According to the SEC, on Jun 30, 2015, Marc Fox (Chief Financial Officer) sold 36,000 shares at $17.66 per share price. On Jun 30, 2015, Michael Mazzei (President) sold 2,100 shares at $18.27 per share price, according to the Form-4 filing with the securities and exchange commission.

Ladder Capital Corp is a holding company. The Company is a real estate investment trust (REIT). It conducts its business through three business lines: commercial mortgage lending investments in securities secured by first mortgage loans and investments in selected net leased and other real estate assets. Its segments include loans securities and real estate. It invests primarily in loans securities and other interests in United States commercial real estate with a focus on senior secured assets. The Company’s Loans segment consists of conduit first mortgage loans balance sheet first mortgage loans and other commercial real estate-related loans. Its Securities segment consists of commercial mortgage-backed securities (CMBS) Investments and United States Agency Securities Investments. Its Real Estate segment consists of commercial real estate properties and residential real estate.

Ladder Capital Corp

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