loanDepot (LDI) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended March 2024, loanDepot (LDI) reported revenue of $222.79 million, up 7.2% over the same period last year. EPS came in at -$ 0.21, compared to - $0.25 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of$ 232.65 million, representing a surprise of -4.24%. The company delivered an EPS surprise of -250.00%, with the consensus EPS estimate being -$0.06.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...