loanDepot Inc <LDI.N> expected to post breakeven results a share - Earnings Preview
loanDepot Inc LDI.N, LDI is expected to show a rise in quarterly revenue when it reports results on March 11 for the period ending December 31 2024
The Irvine California-based company is expected to report a 23.3% increase in revenue to $310.091 million from $251.45 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 breakeven results per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "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 $2.48, above its last closing price of $1.79.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -0.04 | -0.04 | 0.02 | Beat | 147.6 |
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 |
Jun. 30 2023 | -0.12 | -0.13 | -0.11 | Beat | 16.9 |
Mar. 31 2023 | -0.22 | -0.23 | -0.18 | Beat | 21.1 |
Dec. 31 2022 | -0.28 | -0.27 | -0.35 | Missed | -32 |
This summary was machine generated March 7 at 20:54 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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