Ladder Capital (LADR) Misses Q4 EPS by 2c
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Ladder Capital Corp Reports Fourth Quarter and Full Year 2014 Results
March 5, 2015 4:21 PM ESTFinancial Highlights
Announced Real Estate Investment Trust (REIT) conversion plans effective January 1, 2015 and received all shareholder approvals on February 26, 2015 Generated Core Earnings of $52.9 million for the fourth quarter and $219.3 million for the year ended December 31, 2014, representing 9.5% year-over-year growth Core EPS of $0.32 for the quarter (Basic EPS on a GAAP basis of $0.09) and Core EPS of $1.36 for the year (Basic EPS on a GAAP basis of $0.90) Originated $4.5 billion of commercial mortgage loans, including $3.3 billion of mortgage... More