Ladder Capital (LADR) Tops Q4 EPS by 2c

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Go back to Ladder Capital (LADR) Tops Q4 EPS by 2c

Ladder Capital Corp Reports Results for the Quarter and Year Ended December 31, 2022

February 9, 2023 4:15 PM EST

NEW YORK--(BUSINESS WIRE)-- Ladder Capital Corp (NYSE: LADR) (we, our, Ladder, or the Company) today announced operating results for the quarter ended December 31, 2022. GAAP income before taxes for the three months ended December 31, 2022 was $75.3 million, and diluted earnings per share (EPS) was $0.48. Distributable earnings was $38.9 million, or $0.31 of distributable EPS. GAAP income before taxes for the twelve months ended December 31, 2022 was $170.2 million, and diluted earnings per share was $1.13. Distributable earnings was $148.4 million or $1.16 of distributable EPS.

2022 was a very positive year for Ladder. Both our earnings and dividend reflected double-digit annual growth. At the same... More