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loanDepot, Inc. (LDI)
NYSE:LDI
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.08Last Year’s EPS
-0.2Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 11, 2025
|% Change Since: -14.29%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed sentiment. LoanDepot achieved significant progress with the completion of Vision 2025 and experienced growth in rate lock volume, gain on sale margin, and loan origination volume. However, the company also faced challenges with an increased adjusted net loss, decreased servicing fee income, and higher total expenses.Company Guidance
During loanDepot's year-end and fourth quarter 2024 earnings call, the company provided guidance on various financial metrics. They reported a pull-through weighted rate lock volume of $5.6 billion for the fourth quarter, a 27% increase from the previous year's $4.4 billion, and within the guidance range of $5.5 billion to $7.5 billion. The pull-through weighted gain on sale margin was 334 basis points, surpassing the guidance of 295 to 305 basis points, and origination volume reached $7.2 billion, a 34% increase from the prior year. For the first quarter of 2025, loanDepot expects pull-through weighted lock volume between $4.8 billion and $5.8 billion and origination volume between $4.5 billion and $5.5 billion. They anticipate a pull-through weighted gain on sale margin of 320 to 340 basis points and a decline in total expenses due to lower volume-related and G&A expenses. The company ended the quarter with $422 million in cash, emphasizing its focus on maintaining a strong liquidity position amidst market challenges.Completion of Vision 2025 Strategic Program
LoanDepot successfully completed the Vision 2025 strategic program, which focused on resetting the cost structure and making important investments in people, processes, product, and technology. This led to the company's return to profitability during the third quarter.
Increase in Rate Lock Volume
Pull-through weighted rate lock volume increased by 27% from the previous year, reaching $5.6 billion, reflecting positive impacts from investments in recruiting and developing loan officers.
Improved Gain on Sale Margin
The company's pull-through weighted gain on sale margin was 334 basis points, above the guidance of 295 to 305 basis points, benefiting from wider overall margins and a favorable channel mix shift.
Loan Origination Volume Growth
Loan origination volume reached $7.2 billion, a 34% increase from the prior year's volume of $5.4 billion, driven by increased lock activity due to a temporary decrease in market rates.
Strong Cash Position
LoanDepot ended the quarter with $422 million in cash, maintaining a strong liquidity position despite the challenging market conditions.
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LDI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LDI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 11, 2025 | $1.61 | $1.47 | -8.70% |
| Nov 05, 2024 | $2.15 | $2.57 | +19.53% |
| Aug 06, 2024 | $2.07 | $2.30 | +11.11% |
| May 07, 2024 | $2.28 | $2.15 | -5.70% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does loanDepot, Inc. (LDI) report earnings?
loanDepot, Inc. (LDI) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is loanDepot, Inc. (LDI) earnings time?
loanDepot, Inc. (LDI) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LDI EPS forecast?
LDI EPS forecast for the fiscal quarter 2025 (Q1) is -0.08.
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