Ladder Capital (LADR) Misses Q2 EPS by 1c

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Go back to Ladder Capital (LADR) Misses Q2 EPS by 1c

Ladder Capital Corp Reports Second Quarter 2016 Results

August 4, 2016 4:16 PM EDT

Financial Highlights

Required GAAP disclosures for the second quarter:

GAAP Income before Taxes of $1.6 million and Diluted EPS of $0.05 Book value per share of $13.51 at June 30, 2016

Core Earnings disclosures for the second quarter:

Core Earnings of $30.9 million and Core EPS of $0.32 Undepreciated book value per share of $14.36 at June 30, 2016

During the second quarter of 2016, Ladder Capital:

Originated $431.9 million of commercial mortgage loans, including... More