loanDepot announces second quarter 2021 financial results

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Go back to loanDepot announces second quarter 2021 financial results

loanDepot (LDI) Misses Q2 EPS by 36c

August 3, 2021 7:22 AM EDT

loanDepot (NYSE: LDI) reported Q2 EPS of $0.18, $0.36 worse than the analyst estimate of $0.54. Revenue for the quarter came in at $825.33 million versus the consensus estimate of $975.22 million.

"Eleven years ago we set out to reshape the mortgage industry with a new, digital-first approach that would thrive across all market conditions. This is why, despite the transition in the mortgage market, we continued to grow in the second quarter with meaningful increases in both market share and purchase loan... More