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loanDepot (LDI) Reports Q3 Loss, Beats Revenue Estimates
ZACKSยท 2025-11-07 00:01
Core Insights - loanDepot reported a quarterly loss of $0.01 per share, outperforming the Zacks Consensus Estimate of a loss of $0.04, and compared to earnings of $0.03 per share a year ago, resulting in an earnings surprise of +75.00% [1] - The company posted revenues of $323.32 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 13.61% and showing an increase from $314.6 million year-over-year [2] - loanDepot shares have increased approximately 36.8% since the beginning of the year, outperforming the S&P 500's gain of 15.6% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.03 on revenues of $277.8 million, and for the current fiscal year, it is -$0.19 on revenues of $1.12 billion [7] - The estimate revisions trend for loanDepot was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Financial - Mortgage & Related Services industry, to which loanDepot belongs, is currently ranked in the top 41% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]