Ladder Capital (LADR) Tops Q2 EPS by 2c

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Go back to Ladder Capital (LADR) Tops Q2 EPS by 2c

Ladder Capital Corp Reports Results for the Quarter Ended June 30, 2021

July 29, 2021 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 June 30, 2021. GAAP income before taxes for the three months ended June 30, 2021 was $10.1 million, and diluted earnings per share (EPS) was $0.08. Distributable earnings was $13.4 million, or $0.10 of distributable earnings per share.

With over $800 million of new originations during the quarter and a strong pipeline, Ladder is capitalizing on the opportunities we are seeing in our sector. Further, with ample liquidity following the successful placement of $650 million of unsecured corporate bonds and $498 million of... More