loanDepot-LoanDepot (LDI) Reports Q1 Loss, Misses Revenue Estimates

LoanDepot (LDI) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of$ 0.06. This compares to loss of $0.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -250%. A quarter ago, it was expected that this lender would post a loss of$ 0.06 per share when it actually produced a loss of $0.16, delivering a surprise of -166.67%.Over the last four quarters, the company has not been able t ...