Velocity Financial Inc expected to post earnings of 19 cents a share - Earnings Preview

Velocity Financial

02/11/2021 02:03

* Velocity Financial Inc  VEL.N   VEL  is expected to to report 
results on November 3. 
​* Refinitiv's mean analyst estimate for Velocity Financial Inc
is for earnings of 19 cents per share. For the same quarter last
year, the company reported earnings of 12 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Velocity
Financial Inc is $15​, about 16.5% above​ its last closing price
of $12.53. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   0.18        0.17       0.25      Beat    47.7
 Mar. 312021   0.20        0.20       0.20      Met     -0.4
 Dec. 312020   0.14        0.13       0.29      Beat    126.1​
 Sep. 302020   0.14        0.14       0.12      Missed  -14.9
 ​​Jun.        0.18        0.21       0.11      Missed  -47.5
 302020                                                 
 Mar. 312020   0.30        0.31       0.26      Missed  -16.5​
 Dec. 312019   0.49        0.49       0.27      Missed  -43.8
 This summary was machine generated November 2 at 02:03 GMT.  All
figures in US dollars unless otherwise stated