loanDepot Q4 Loss Narrows to $0.10; Revenue of $310.3M Misses by 2.1%
loanDepot reported a fourth-quarter loss of $0.10 per share versus a $0.04 loss estimate, narrowing from a $0.23-per-share loss a year ago, while revenue of $310.3 million fell 2.1% short of projections. Shares have dropped 11.6% year-to-date as the Mortgage Services industry ranks in its bottom 7%.
1. Q4 Loss and EPS Surprise
loanDepot reported a fourth-quarter adjusted loss of $0.10 per share, missing the consensus loss estimate of $0.04 and representing a negative earnings surprise of 150%, although the loss narrowed from $0.23 per share a year earlier.
2. Revenue Shortfall
Revenue for the quarter reached $310.3 million, falling about 2.1% below projections and rising from $257.5 million a year earlier, marking the third revenue estimate miss in four quarters.
3. Share Performance and Industry Rank
loanDepot shares have declined 11.6% year-to-date, underperforming the broader market, while the Financial–Mortgage & Related Services industry sits in the bottom 7% of over 250 industries by performance.
4. Outlook and Estimates
Analysts project loanDepot will post $0.05 in EPS on $340 million in revenue next quarter and $0.16 EPS on $1.36 billion in revenue for the fiscal year, with estimate revisions likely to shape near-term stock trends.