
Ladder Capital Corp reports results for the quarter ended September 30 - Earnings Summary

I'm PortAI, I can summarize articles.
Ladder Capital Corp reported Q3 adjusted earnings of 25 cents per share, down from 30 cents a year ago, but above analysts' expectations of 23 cents. Revenue fell 25.3% to $71.77 million, exceeding the forecast of $59.80 million. The company’s reported EPS was 15 cents, with a net income of $19.19 million. Shares rose 0.5% this quarter but are down 2.0% year-to-date. Analysts maintain a "buy" rating, with a 12-month price target of $13.00, 16.2% above the last closing price of $10.90.

