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Market Impact: 0.35

loanDepot (LDI) Reports Q4 Loss, Misses Revenue Estimates

LDI
Corporate EarningsFintechCompany FundamentalsAnalyst EstimatesHousing & Real Estate

loanDepot reported quarterly EPS of -$0.10 versus the Zacks consensus of -$0.04, missing by $0.06. The loss narrowed from -$0.23 a year ago (improvement of $0.13, ~56%), but the shortfall to estimates is likely to pressure the stock.

Analysis

loanDepot reported quarterly EPS of -$0.10 versus the Zacks consensus of -$0.04, missing by $0.06. The loss narrowed from -$0.23 a year ago (improvement of $0.13, ~56%), but the shortfall to estimates is likely to pressure the stock.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

Ticker Sentiment

LDI-0.25