LoanDepot: Q4 Earnings Snapshot
By AP News
Published - Mar 12, 2024, 04:31 PM ET
Last Updated - Mar 12, 2024, 04:31 PM EDT
IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — LoanDepot Inc. (LDI) on Tuesday reported a loss of $27.2 million in its fourth quarter.
The Irvine, California-based company said it had a loss of 16 cents per share.
The lender posted revenue of $228.6 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $239.4 million.
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