Ladder Capital (LADR) Tops Q3 EPS by 6c

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Go back to Ladder Capital (LADR) Tops Q3 EPS by 6c

Ladder Capital Corp Reports Results for the Quarter Ended September 30, 2020

October 29, 2020 4:15 PM EDT

NEW YORK--(BUSINESS WIRE)-- Ladder Capital Corp (NYSE: LADR) (we, Ladder, or the Company) today announced operating results for the quarter ended September 30, 2020. GAAP income before taxes for the three months ended September 30, 2020 was $21.4 million, and diluted earnings per share was $0.14. Core earnings was $19.7 million, or $0.16 of core EPS.

Were pleased with our results this quarter, and the strong contribution to core earnings from the sale of three assets in our real estate portfolio, said Brian Harris, Ladders Chief Executive Officer. And, as our loan book continues to pay off, our cash levels continue to... More