loanDepot (LDI) Q2 Revenue Slips 7.6%

loanDepot (NYSE:LDI), a major U.S. non-bank mortgage lender, reported earnings for the second quarter of fiscal 2025 on August 7, 2025. The company's results showed a rise in loan originations, but both non-GAAP revenue and GAAP earnings per share came in below Wall Street estimates. Non-GAAP revenue was $291.9 million, missing analyst estimates of $315.8 million. Despite higher origination volume and improvements in cost efficiency, the quarter was marked by margin compression and a continued lack of profitability on a GAAP basis. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. loanDepot is an independent, technology-focused mortgage company that provides residential mortgage loans directly to consumers. It operates through multiple channels, offering products such as home purchase loans, refinancing, and government-backed mortgages. Its business is built on its mello® technology platform, facilitating digital lending experiences across all its customer-facing platforms, and an in-house loan servicing operation.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool