Guild Holdings Co reports results for the quarter ended in January - Earnings Summary

Guild Holdings Co

09/08/2024 07:20

* Guild Holdings Co  GHLD.N  reported quarterly adjusted
earnings
of 49 cents​​ per share for the quarter ended in January, higher
than the same quarter last year, when the company reported EPS
of 15 cents.  The mean expectation of seven analysts for the
quarter was for earnings of 27 cents per share. Wall Street
expected results to range from 20 cents to 36 cents per share.
    * Revenue rose 30.8% to $309.78 million from a year ago;
analysts
expected $254.22 million. 
    * Guild Holdings Co's reported EPS for the quarter was 60
cents​.
    * The company reported quarterly net income of $37.58
million.
    * Guild Holdings Co shares had risen by 7.6% this
quarter and
gained 17.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 11.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the consumer
lending
peer group is also "buy"

Wall Street's median 12-month price target for Guild Holdings Co
is $16.50 
This summary was machine generated from LSEG data August 9 at
06:20 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.27           0.49           Beat
 Mar. 31 2024      0.21           0.13           Missed
 Dec. 31 2023      0.14           0.20           Beat
 Sep. 30 2023      0.17           0.48           Beat