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Ladder Capital reports Q4 EPS 27c, consensus 28c

Ladder Capital reports Q4 EPS 27c, consensus 28c

Reports Q4 revenue $ $68.62M, consensus $66.27M.”In the fourth quarter, Ladder generated strong earnings and dividend coverage. Throughout 2024, our middle market by choice business model continued to demonstrate success, as we received a significant amount of loan payoffs and our credit performed well overall. Our low leverage and robust liquidity position, which includes our upsized $850 million corporate revolving credit facility, enable us to focus on new investment opportunities as 2025 begins,” said Brian Harris, Ladder’s Chief Executive Officer.

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