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GHLD — Guild Holdings Co News Story

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Brief: Guild Holdings Company Q2 Revenue USD 279.4 Million

Overview

Guild Holdings Q2 revenue misses analyst expectations, adjusted EPS beats, per LSEG data

Adjusted net income for Q2 exceeds analyst estimates, reflecting operational efficiency

Outlook

Guild anticipates completing pending transaction with Bayview

Company does not provide specific financial guidance for future quarters

Result Drivers

ORIGINATION GROWTH - Co reports 44% qtr-over-qtr and 15% yr-over-yr growth in originations, driven by purchase originations

IMPROVED PROFITABILITY - Adjusted net income and adjusted EBITDA reached highest levels since 2021, indicating operational efficiency

SERVICING CHALLENGES - Valuation adjustments of MSRs led to losses, reflecting interest rate volatility

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueMiss$279.40 mln$314.70 mln (2 Analysts)
Q2 Adjusted EPSBeat$0.66$0.43 (6 Analysts)
Q2 EPS$0.3
Q2 Adjusted Net IncomeBeat$41.40 mln$27.20 mln (3 Analysts)
Q2 Net Income$18.70 mln
Q2 Adjusted EBITDA$58 mln
Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell" The average consensus recommendation for the consumer lending peer group is "buy." Wall Street's median 12-month price target for Guild Holdings Co is $15.50, about 28.7% below its August 6 closing price of $19.95 The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 7 three months ago Press Release: ID:nBw9fY5MFa (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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