
Loandepot Inc (NYSE:LDI) shares are trading lower by 10.9% at $4.18 Tuesday morning after the company reported worse-than-expected fourth-quarter EPS results.
LoanDepot reported quarterly earnings of 9 cents per share which missed the analyst consensus estimate of 18 cents. The company also reported quarterly sales of $723.64 million which beat the analyst consensus estimate of $713.95 million by 1%.