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Sep 30, 2020
Ladder Capital Q3 2020 Earnings Report
Reported operating results, with GAAP income before taxes at $21.4 million and diluted earnings per share at $0.14.
Key Takeaways
Ladder Capital Corp reported positive results for Q3 2020, highlighted by a strong contribution to core earnings from the sale of three assets and increasing cash levels as the loan book paid off.
GAAP income before taxes for Q3 2020 was $21.4 million.
Diluted earnings per share was $0.14.
Core earnings were $19.7 million.
Core EPS was $0.16.
Forward Guidance
Ladder Capital is well-positioned to capitalize on opportunities expected in the coming quarters due to significant incremental earnings power.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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