Q2 FY2026 EarningsQ2 FY26 results showed a performance beat in core operational metrics but a miss on GAAP-based bottom-line figures. Normalized Net Income (Distributable Earnings) of $30.81M ($0.246/share) exceeded the $29.87M consensus, driven by robust loan originations of $491.7M. However, GAAP Diluted EPS of $0.12 missed the $0.148 consensus due to higher-than-expected non-cash compensation and foreclosure-related expenses. Book Value Per Share (BPS) ended at $11.27, slightly ahead of the $11.21 expected, supported by active share repurchases and a stable dividend of $0.23.
Overview: Ladder Capital(LADR) the Revenue is 57.76 M (+2.66%), Beat estimate;the EBIT is 16.31 M (-21.67%), Miss estimate;the EPS is 0.12 (-14.29%), Miss estimate.