Picture of UWM Holdings logo

UWMC — UWM Holdings News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsAdventurousMid CapValue Trap

UWM Holdings Corp reports results for the quarter ended June 30 - Earnings Summary

UWM Holdings Corp UWMC.N reported quarterly adjusted earnings of 16 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 4 cents.  The mean expectation of eight analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to range from 4 cents to 11 cents per share.

Revenue rose 49.6% to $758.70 million from a year ago; analysts expected $697.05 million.

UWM Holdings Corp's reported EPS for the quarter was 11 cents​.

The company reported quarterly net income of $22.91 million.

UWM Holdings Corp shares had risen by 1.9% this quarter and lost 28.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 6.7% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 6 "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 UWM Holdings Corp is $5.25, about 19.6% above its last closing price of $4.22

This summary was machine generated from LSEG data August 7 at 05:43 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.060.16Beat
Mar. 31 20250.05-0.12Missed
Dec. 31 20240.080.00Missed
Sep. 30 20240.080.01Missed

Recent news on UWM Holdings

See all news