LDI - loanDepot GAAP EPS of -$0.25 in-line revenue of $207.9M beats by $33.69M

2023-05-09 16:54:53 ET

• loanDepot press release ( NYSE: LDI ): Q1 GAAP EPS of -$0.25 in-line.
• Revenue of $207.9M (-58.7% Y/Y) beats by $33.69M .

• Outlook for the second quarter of 2023

  • Origination volume of between $4.5 billion and $6.5 billion.
  • Pull-through weighted rate lock volume of between $5.5 billion and $7.5 billion.
  • Pull-through weighted gain on sale margin of between 240 basis points and 280 basis points.
• Shares +6.29% .

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