Ladder Capital: Q1 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — Ladder Capital Corp. (LADR) on Thursday reported net income of $11.8 million in its first quarter.
The New York-based company said it had net income of 9 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 20 cents per share.
The commercial real estate mortgage origination and finance company posted revenue of $95.2 million in the period. Its adjusted revenue was $51.2 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LADR at https://www.zacks.com/ap/LADR
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