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LoanDepot reports Q1 EPS (11c), consensus (6c)

Reports Q1 revenue $274M, consensus $274.96M. “I would like to thank Team loanDepot (LDI) for their dedication and support over these past three years,” said President and Chief Executive Officer Frank Martell. “Together as a team, we addressed the realities of the market while investing in critical systems, products, and processes; these investments will allow loanDepot to take advantage of our marketplace differentiators in this and upcoming cycles, as well as to continue to deliver a best-in-class customer experience. I am proud to have been a part of loanDepot and look forward with confidence to the company’s future success.”

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