Ladder Capital : Reports Results for the Quarter Ended June 30, 2021 (Form 8-K)
Non-GAAP Financial Measures For the fourth quarter of 2020, the Company began utilizing distributable earnings, distributable EPS, and after-tax distributable return on average equity ('ROAE'), non-GAAP financial measures, as supplemental measures of our operating performance. We believe distributable earnings, distributable EPS, and after-tax distributable ROAE assist investors in comparing our operating performance and our ability to pay dividends across reporting periods on a more relevant and consistent basis by excluding from GAAP measures certain non-cash expenses and unreal...
Source: marketscreener.com