Ladder Capital (LADR) Tops Q1 EPS by 1c

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Go back to Ladder Capital (LADR) Tops Q1 EPS by 1c

Ladder Capital Corp Reports First Quarter 2019 Results

May 7, 2019 4:15 PM EDT

GAAP disclosures for the first quarter:

GAAP income before taxes of $21.7 million and diluted EPS of $0.21 compared to $71.7 million and $0.53 in the first quarter of 2018 After-tax GAAP return on average equity of 6.1% compared to 16.0% in the first quarter of 2018 GAAP book value per share of $13.59 at March 31, 2019 compared to $13.90 at December 31, 2018

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

Core earnings of $46.9 million compared to $63.8 million in the first quarter of 2018 Core EPS of $0.40 compared... More