LoanDepot (LDI) Reports Q4 Loss, Lags Revenue Estimates

LoanDepot (LDI) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -166.67%. A quarter ago, it was expected that this lender would post a loss of $0.08 per share when it actually produced a loss of $0.15, delivering a surprise of -87.50%.Over the last four quarters, the company has not been able ...