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LADR has been in the news 900% more than usual

Jul 25, 2024, 2:31 PM
-0.54%
What does LADR do
Ladder Capital Corp., headquartered in New York City, provides commercial real estate finance services and went public in 2014; it employs 63 full-time staff. The company operates through loans, securities, and real estate segments, focusing on investments in various commercial properties and mortgage-backed securities.
LADR has been in the news recently: Ladder Capital Corp reported a GAAP income before taxes of $31 million and diluted earnings per share (EPS) of $0.26 for Q2 2024. The company also achieved total assets of $5 billion and reported a second-quarter profit of $32.3 million, slightly below analysts' expectations of $0.30 EPS.
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