Here's What Key Metrics Tell Us About loanDepot (LDI) Q3 Earnings

For the quarter ended September 2024, loanDepot (LDI) reported revenue of $314.6 million, up 18.4% over the same period last year. EPS came in at$ 0.03, compared to - $0.15 in the year-ago quarter.The reported revenue represents a surprise of +9.87% over the Zacks Consensus Estimate of$ 286.35 million. With the consensus EPS estimate being -$0.03, the EPS surprise was +200.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...