Ladder Capital outlines illustrative quarterly distributable EPS of $0.26-$0.27
LADR•Ladder Capital outlined illustrative quarterly distributable earnings of $0.26-$0.27 per share with gains on sales, versus about $0.23 currently. Raising loan allocation to 65% from 48% would lift earnings to $0.24-$0.25 per share before gains.
1. Illustrative earnings figures
Ladder Capital outlined illustrative quarterly distributable earnings of $0.26-$0.27 per share with gains on sales, compared with about $0.23 currently. Increasing loan allocation to 65% from 48% would lift illustrative quarterly distributable earnings to $0.24-$0.25 per share before gains. Gains could raise illustrative return on equity to about 9%-10% or higher, versus about 8% under the current asset mix.
