09:12 AM EDT, 10/23/2025 (MT Newswires) -- (Updates with Q3 revenue in the headline and third paragraph; latest stock move in last paragraph.)

Ladder Capital ( LADR ) reported Q3 distributable earnings Thursday of $0.25 per diluted share, down from $0.30 a year earlier.

Analysts polled by FactSet expected $0.23.

Revenue for the quarter ended Sept. 30, expressed as the sum of net interest income plus total other income, was $57.5 million, down from $71 million a year earlier.

Two analysts surveyed by FactSet expected $59.8 million.

The company's shares were down less than 1% in recent Thursday premarket activity.