loanDepot-LoanDepot (LDI) Reports Q2 Loss, Lags Revenue Estimates

LoanDepot (LDI) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of$ 0.08. This compares to loss of $0.19 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 37.50%. A quarter ago, it was expected that this lender would post a loss of$ 0.06 per share when it actually produced a loss of $0.21, delivering a surprise of -250%. Over the last four quarters, the company has surpassed conse ...