NYSE$LADR
Ladder Capital Corp · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Ladder Capital Corp reported a GAAP loss and a core profit for the quarter ended March 31, 2020.
Ladder Capital Corp reported a GAAP loss before taxes of $18.6 million and a diluted loss per share of $0.15 for the quarter ended March 31, 2020. Core earnings were $30.9 million, with a core EPS of $0.26. The company has secured $206.4 million in senior secured financing from Koch Real Estate Investments and completed a private CLO with Goldman Sachs Bank USA, generating $310.2 million in gross proceeds. As of May 1, Ladder had over $830 million in cash on hand and over $2.6 billion of unencumbered assets.
- GAAP loss before taxes for Q1 2020 was $18.6 million.
- Diluted loss per share was $0.15.
- Core earnings were $30.9 million, or $0.26 of core EPS.
- Strategic financing arrangement with Koch Real Estate Investments provided $206.4 million.
Headline financials
Revenue & EPS history
Ladder Capital · Revenue · Quarterly
$21.2M
Revenue by segment
Ladder Capital · -$13.5M total across 3 segments · Q1 2020
- Fee and Other Income$1.52M—-11.3%
- Earnings (Loss) from Investment in Unconsolidated Ventures$441K—-3.3%
- Net Result from Derivative Transactions-$15.4M—114.5%
Forward guidance
The company did not provide specific forward guidance in this earnings report. However, they highlighted their strong liquidity position and ability to capitalize on future opportunities.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
+0.7%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+1.9%
Avg return
30 days after
64%
32 / 50 earnings
Positive
+9.9%
Q4 2015
Best reaction
-13.1%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.0% | +2.2% | -1.4% | |
| Q4 2025 | -6.5% | -6.1% | -7.4% | |
| Q3 2025 | +0.5% | -1.8% | -2.6% | |
| Q2 2025 | -1.1% | -1.2% | +2.3% | |
| Q1 2025 | +0.4% | +2.4% | +0.8% | |
| Q4 2024 | +4.3% | +4.5% | +4.2% | |
| Q3 2024 | +2.8% | +2.4% | +6.7% | |
| Q2 2024 | +3.0% | +3.4% | +1.4% | |
| Q1 2024 | +4.8% | +2.2% | +5.0% | |
| Q4 2023 | +0.9% | -3.8% | +3.4% | |
| Q3 2023 | +3.9% | +10.5% | +20.8% | |
| Q2 2023 | -2.6% | -3.1% | -7.6% | |
| Q1 2023 | +4.5% | +1.9% | +7.0% | |
| Q4 2022 | +3.4% | +4.7% | -9.5% | |
| Q3 2022 | +3.8% | +6.9% | +9.0% | |
| Q2 2022 | +2.7% | -2.2% | -1.4% | |
| Q1 2022 | -3.8% | -4.0% | -2.1% | |
| Q4 2021 | -1.9% | -0.3% | -1.8% | |
| Q3 2021 | +2.4% | +2.4% | -1.6% | |
| Q2 2021 | +0.7% | -3.7% | +1.0% | |
| Q1 2021 | +3.2% | -1.6% | +3.5% | |
| Q4 2020 | -2.1% | -0.6% | +1.5% | |
| Q3 2020 | +7.4% | +10.6% | +39.0% | |
| Q2 2020 | +1.0% | -2.3% | +1.0% | |
| Q1 2020 | +0.3% | +7.3% | +19.7% | |
| Q4 2019 | -13.1% | -7.6% | -62.1% | |
| Q3 2019 | -0.1% | -0.4% | +4.3% | |
| Q2 2019 | -0.5% | -3.4% | -1.3% | |
| Q1 2019 | -6.9% | -6.5% | -6.9% | |
| Q4 2018 | +0.2% | -1.7% | -7.1% | |
| Q3 2018 | +1.7% | +2.9% | +4.8% | |
| Q2 2018 | +4.4% | +4.9% | +9.7% | |
| Q1 2018 | +0.1% | +3.1% | +12.7% | |
| Q4 2017 | -0.3% | +1.2% | +1.8% | |
| Q3 2017 | +1.0% | -0.4% | +0.0% | |
| Q2 2017 | +3.0% | +2.3% | +4.9% | |
| Q1 2017 | -0.8% | -2.9% | -3.0% | |
| Q4 2016 | +0.0% | +3.8% | +3.0% | |
| Q3 2016 | +4.4% | +5.1% | +17.9% | |
| Q2 2016 | +0.5% | +2.2% | +5.5% | |
| Q1 2016 | +1.0% | — | — | |
| Q4 2015 | +9.9% | — | — | |
| Q3 2015 | -4.8% | — | — | |
| Q2 2015 | +4.0% | — | — | |
| Q1 2015 | +3.3% | — | — | |
| Q4 2014 | -5.4% | — | — | |
| Q3 2014 | -0.3% | — | — | |
| Q2 2014 | -3.5% | — | — | |
| Q1 2014 | -0.3% | — | — | |
| Q4 2013 | +2.3% | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q3 2012 | — | — | — |
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