09:07 AM EDT, 10/24/2024 (MT Newswires) -- Ladder Capital ( LADR ) reported Q3 distributable earnings Thursday of $0.30 per diluted share, down from $0.31 a year earlier.

Analysts surveyed by Capital IQ expected $0.27.

Revenue, expressed as the sum of net interest income and other income, was $71 million for the quarter ended Sept. 30, down from $79.7 million a year earlier.

Three analysts polled by Capital IQ expected $63 million.

Shares of Ladder Capital ( LADR ) were up 1.7% in recent Thursday premarket activity.

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