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Compared to Estimates, Walker & Dunlop (WD) Q2 Earnings: A Look at Key Metrics
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For the quarter ended June 2024, Walker & Dunlop (WD - Free Report) reported revenue of $270.68 million, down 0.7% over the same period last year. EPS came in at $1.23, compared to $0.98 in the year-ago quarter.
The reported revenue represents a surprise of -1.47% over the Zacks Consensus Estimate of $274.7 million. With the consensus EPS estimate being $1.16, the EPS surprise was +6.03%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Walker & Dunlop performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Property sales broker fees
: $11.27 million versus $11.86 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +8.9% change.
Revenues- Placement fees and other interest income
: $41.04 million versus $41.58 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +16% change.
Revenues- Net warehouse interest income (expense)
: -$1.58 million compared to the -$0.94 million average estimate based on two analysts.
Revenues- Servicing fees
: $80.42 million compared to the $81.65 million average estimate based on two analysts. The reported number represents a change of +4.4% year over year.
Shares of Walker & Dunlop have returned +4.1% over the past month versus the Zacks S&P 500 composite's -6.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, Walker & Dunlop (WD) Q2 Earnings: A Look at Key Metrics
For the quarter ended June 2024, Walker & Dunlop (WD - Free Report) reported revenue of $270.68 million, down 0.7% over the same period last year. EPS came in at $1.23, compared to $0.98 in the year-ago quarter.
The reported revenue represents a surprise of -1.47% over the Zacks Consensus Estimate of $274.7 million. With the consensus EPS estimate being $1.16, the EPS surprise was +6.03%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Walker & Dunlop performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Walker & Dunlop here>>>Revenues- Property sales broker fees
: $11.27 million versus $11.86 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +8.9% change.Revenues- Placement fees and other interest income
: $41.04 million versus $41.58 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +16% change.Revenues- Net warehouse interest income (expense)
: -$1.58 million compared to the -$0.94 million average estimate based on two analysts.Revenues- Servicing fees
: $80.42 million compared to the $81.65 million average estimate based on two analysts. The reported number represents a change of +4.4% year over year.Shares of Walker & Dunlop have returned +4.1% over the past month versus the Zacks S&P 500 composite's -6.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.