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CORRECTION: loanDepot Q1 Adj. EPS $(0.13) Misses $(0.08) Estimate, Sales $273.62M Miss $274.97M Estimate

Benzinga Newsdesk 1 year ago

EarningsEarnings MissesNews

loanDepot (NYSE:LDI) reported quarterly losses of $(0.13) per share which missed the analyst consensus estimate of $(0.08) by 62.5 percent. This is a 8.33 percent decrease over losses of $(0.12) per share from the same

loanDepot (NYSE:LDI) reported quarterly losses of $(0.13) per share which missed the analyst consensus estimate of $(0.08) by 62.5 percent. This is a 8.33 percent decrease over losses of $(0.12) per share from the same period last year. The company reported quarterly sales of $273.62 million which missed the analyst consensus estimate of $274.97 million by 0.49 percent. This is a 22.82 percent increase over sales of $222.78 million the same period last year.

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