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News 2026-10-16 15:42 UTC

BUZZ — Ladder Capital rises on Q3 profit beat

* Shares of REIT Ladder Capital rise 4.7% to $9.24 * Co reports Q3 distributable EPS of 35 cents, beating analysts' estimate of 31 cents - data compiled by LSEG * CEO Brian Harris says the co made more than $700 million of new loans and securities in Q3 * 6 of 7 brokerages rate the stock "buy" or higher and 1 "hold"; m