NYSE$LADR

Ladder Capital Corp · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported operating results, with GAAP income before taxes at $21.4 million and diluted earnings per share at $0.14.

Ladder Capital Corp reported positive results for Q3 2020, highlighted by a strong contribution to core earnings from the sale of three assets and increasing cash levels as the loan book paid off.

  • GAAP income before taxes for Q3 2020 was $21.4 million.
  • Diluted earnings per share was $0.14.
  • Core earnings were $19.7 million.
  • Core EPS was $0.16.

Headline financials

Total Revenue

-$1.78M

Previous: $30.9M-105.8%
EPS (adj)

$0.16

Previous: $0.38-57.9%
Capital Expenditures

-$2.49M

Previous: -$3.61M+31.0%
Free Cash Flow

$18.9M

Previous: $27.3M-30.9%
Net Income

$21.4M

Previous: $30.9M-30.9%
Operating Income

-$8.23M

Previous: $25.5M-132.2%
Gross Profit

-$4.29M

Previous: $30.9M-113.9%
Cash & Equivalents

$876M

Previous: $83.1M+954.0%
Total Assets

$6.36B

Previous: $6.62B-3.9%
Stock-Based Comp

$4.22M

Previous: $3.58M+18.0%

Revenue & EPS history

Ladder Capital · Revenue · Quarterly

-$1.78M

Q3 2020-105.8%vs Q3 2019
Beat estimate in 0 of 16 quarters(0%)
ActualEstimate

Revenue by segment

Ladder Capital · $25M total across 2 segments · Q1 2023

  • Real Estate Operating Income
    $23.2M
  • Fee and Other Income
    $1.83M

Forward guidance

Ladder Capital is well-positioned to capitalize on opportunities expected in the coming quarters due to significant incremental earnings power.

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 Q3 2020

Historical avgQ3 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

Earnings price reactions
QuarterReport dateReaction (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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro