Ladder Capital (LADR) Tops Q3 EPS by 18c

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Go back to Ladder Capital (LADR) Tops Q3 EPS by 18c

Ladder Capital Corp Reports Third Quarter 2018 Results, Announces 4.6% Cash Dividend Increase and Declares Fourth Quarter 2018 Dividend to Holders of Class A Common Stock

November 1, 2018 4:29 PM EDT

Financial Highlights

GAAP disclosures for the third quarter:

GAAP income before taxes of $84.7 million and diluted EPS of $0.67 Up from $29.2 million and $0.28 in the third quarter of 2017 After-tax GAAP return on average equity of 20.0% Up from 8.3% in the third quarter of 2017 GAAP book value per share of $13.82 at September 30, 2018 Up from $13.43 at June 30, 2018

Core (non-GAAP) disclosures for the third quarter:

Core earnings of $63.4 million and core EPS of... More