Ladder Cap Q2 Adj. EPS $0.12 Misses $0.24 Estimate, Sales $57.758M Miss $79.500M Estimate

Ladder Cap (NYSE:LADR) reported quarterly earnings of $0.12 per share which missed the analyst consensus estimate of $0.24 by 50 percent. This is a 47.83 percent decrease over earnings of $0.23 per share from the same period last year. The company reported quarterly sales of $57.758 million which missed the analyst consensus estimate of $79.500 million by 27.35 percent. This is a 2.66 percent increase over sales of $56.261 million the same period last year.