Investing.com - Ladder Capital A reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Ladder Capital A announced earnings per share of $0.23 on revenue of $69.87. Analysts polled by Investing.com anticipated EPS of $0.24 on revenue of $63.23M.
Ladder Capital A shares are down 18% from the beginning of the year , still down 18.55% from its 52 week high of $12.69 set on Thursday, April 14, 2022.
Ladder Capital A shares gained 3.38% in after-hours trade the report.
Ladder Capital A follows other major Financial sector earnings this month
Ladder Capital A's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday, October 17, 2022 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
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