loanDepot (LDI) Reports Q2 Loss, Misses Revenue Estimates

loanDepot (LDI) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to a loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -350.00%. A quarter ago, it was expected that this lender would post a loss of $0.07 per share when it actually produced a loss of $0.13, delivering a surprise of -85.71%.Over the last four quarters, the company has surpassed c ...