Recap: loanDepot Q1 Earnings

loanDepot LDI reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

loanDepot beat estimated earnings by 17.39%, reporting an EPS of $-0.19 versus an estimate of $-0.23.

Revenue was down $295.41 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.09 which was followed by a 4.76% drop in the share price the next day.

Here's a look at loanDepot's past performance:

To track all earnings releases for loanDepot visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.