The earnings call reflects a positive outlook with significant achievements, such as obtaining investment-grade status and a successful bond issuance. These are expected to improve the financial flexibility and cost structure of the company. However, challenges remain in the loan origination space and with certain nonaccrual loans.

Company Guidance -

Q3 2025

During the second quarter of 2025, Ladder Capital Corp. achieved significant financial metrics and milestones, including generating distributable earnings of $30.9 million or $0.23 per share, and a return on equity of 7.7%, with modest adjusted leverage of just 1.6x as of quarter-end. The company celebrated a pivotal achievement, attaining investment-grade ratings with Moody's and Fitch upgrading Ladder to Baa3 and BBB-, respectively. This upgrade facilitated the successful issuance of a $500 million 5-year investment-grade unsecured bond with a fixed coupon rate of 5.5%, representing a 167 basis point spread over the benchmark treasury, marking the tightest spread achieved in Ladder's history. This issuance was met with exceptional demand, being 5.5x oversubscribed, which contributed to enhanced liquidity, with 74% of Ladder's debt now consisting of unsecured corporate bonds and 83% of its balance sheet assets remaining unencumbered. As of June 30, Ladder's liquidity stood at $1 billion, bolstered by an $850 million unsecured revolving credit facility that remains fully undrawn. The company's securities portfolio totaled $2 billion, representing 44% of total assets, while the loan portfolio was $1.6 billion, representing 36% of total assets. Ladder's real estate portfolio generated net operating income of $15.1 million, primarily consisting of net lease properties with long-term leases to investment-grade tenants. Looking forward, Ladder anticipates continued tightening of bond spreads and aims to be increasingly compared to high-quality equity REITs, reflecting its strong liquidity, conservative balance sheet, and focus on delivering stable returns to shareholders.

Achievement of Investment-Grade Status

Ladder Capital achieved investment-grade status with upgrades from Moody's and Fitch to Baa3 and BBB-, respectively. This marks a significant milestone and is expected to improve the company's cost of debt capital.

Successful Bond Issuance

The company issued its inaugural $500 million 5-year investment-grade unsecured bond at a fixed rate coupon of 5.5%, with the offering being 5.5x oversubscribed.

Strong Liquidity Position

Ladder Capital maintained $1 billion in liquidity, including a fully undrawn $850 million unsecured revolving credit facility with a reduced rate of SOFR plus 125 basis points.

Robust Investment Activity

Over $1 billion of investments were made, including $600 million in AAA-rated securities with an average unlevered yield of 6.1%.

Stable Real Estate Portfolio Income

$15.1 million in net operating income was generated from a $936 million real estate portfolio, primarily consisting of net lease properties with long-term leases.

Ladder Capital (LADR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

LADR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	0.24 / -	0.34	―	―	―
Jul 24, 2025	2025 (Q2)	0.22 / 0.23	0.31	-25.81% (-0.08)
Apr 24, 2025	2025 (Q1)	0.20 / 0.20	0.33	-39.39% (-0.13)
Feb 06, 2025	2024 (Q4)	0.26 / 0.27	0.32	-15.62% (-0.05)
Oct 24, 2024	2024 (Q3)	0.26 / 0.34	0.31	9.68% (+0.03)
Jul 25, 2024	2024 (Q2)	0.29 / 0.31	0.33	-6.06% (-0.02)
Apr 25, 2024	2024 (Q1)	0.29 / 0.33	0.38	-13.16% (-0.05)
Feb 08, 2024	2023 (Q4)	0.31 / 0.32	0.31	3.23% (+0.01)
Oct 26, 2023	2023 (Q3)	0.29 / 0.31	0.27	14.81% (+0.04)
Jul 26, 2023	2023 (Q2)	0.32 / 0.33	0.34	-2.94% (-0.01)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

LADR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 24, 2025	$11.10	$11.22	+1.08%
Apr 24, 2025	$10.00	$10.03	+0.30%
Feb 06, 2025	$10.79	$11.25	+4.26%
Oct 24, 2024	$10.31	$10.69	+3.69%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Ladder Capital (LADR) report earnings?

Ladder Capital (LADR) is schdueled to report earning on Oct 23, 2025, After Close (Confirmed).

What is Ladder Capital (LADR) earnings time?

Ladder Capital (LADR) earnings time is at Oct 23, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is LADR EPS forecast?

LADR EPS forecast for the fiscal quarter 2025 (Q3) is 0.24.

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