Ladder Capital Q3 2024: GAAP diluted EPS $0.22, distributable EPS $0.30

Ladder Capital Corp

2024-Q3 EPS reported $0.61

GAAP income before taxes $28.5M; diluted EPS $0.22 for Q3 2024.
Distributable earnings $37.7M, or $0.30 per share.
Closed $500M unsecured corporate bond offering, boosting liquidity.
CEO cites market stabilization and plans to pursue new originations.
Conference call scheduled for Oct 24, 2024 at 10:00 a.m. ET.

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