UWM Holdings Corp reports results for the quarter ended December 31 - Earnings Summary

UWM Holdings

26/02/2025 15:16

UWM Holdings Corp UWMC.N reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -23 cents.  The mean expectation of eleven analysts for the quarter was for earnings of 8 cents per share. Wall Street expected results to range from 6 cents to 14 cents per share.

Revenue rose 588.9% to $560.21 million from a year ago; analysts expected $625.08 million.

UWM Holdings Corp's reported EPS for the quarter was 2 cents​.

The company reported quarterly net income of $8.92 million.

UWM Holdings Corp shares had risen by 12.1% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 2.4% 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 "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 8 "hold" and 2 "sell" or "strong sell."

The average consensus recommendation for the consumer lending peer group is also "hold"

Wall Street's median 12-month price target for UWM Holdings Corp is $6.75

This summary was machine generated from LSEG data February 26 at 03:16 p.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
Dec. 31 2024
0.08
0.01
Missed
Sep. 30 2024
0.08
0.01
Missed
Jun. 30 2024
0.07
0.04
Missed
Mar. 31 2024
0.06
0.09
Beat