On Tuesday 5th November 2024, loanDepot (NYSE: LDI) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur after market close.
Wall Street financial experts forecast that the organization is set to announce an expected $0.04 loss per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $275.99 million for this particular period.
In the corresponding quarter of the previous year, the company's earnings report unveiled a per-share loss of $0.07. Notably, the company's total revenue reached an impressive $265.66 million during that specific period.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $1.05 billion. Additionally, they are expecting the company to achieve per share loss of $0.23 for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $-0.09 | +55.0% | 265.39 M | -2.4% |
| Q1 2024 | $-0.12 | +36.8% | 222.79 M | +7.2% |
| Q4 2023 | $-0.08 | +77.1% | 228.63 M | +34.8% |
| Q3 2023 | $-0.07 | +81.1% | 265.66 M | -3.1% |
| Q2 2023 | $-0.20 | +62.3% | 271.88 M | -11.9% |
| *Growth on year-over-year basis | ||||
LDI has scheduled a conference call on 5th November 2024 at 05:00 PM eastern time to discuss the third quarter financial results and other related information.
Throughout Friday's trading, loanDepot (LDI) shares fluctuated between $2.06 and $2.16, with a trading volume of 808.20 thousand shares. The stock ended the regular trading session at $2.07, reflecting downfall of 2.36 percent.
