LoanDepot: Q1 Earnings Snapshot

Published: 2025-05-06 17:41:16 ET LDI

Published on 05/06/2025 at 17:41

IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — LoanDepot Inc. (LDI) on Tuesday reported a loss of $21.9 million in its first quarter.

The Irvine, California-based company said it had a loss of 11 cents per share. Losses, adjusted for one-time gains and costs, came to 13 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share.

The lender posted revenue of $273.6 million in the period.

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