Velocity Financial Inc expected to post earnings of 23  cents a share - Earnings Preview

Velocity Financial

08/03/2022 21:46

* Velocity Financial Inc  VEL.N   VEL  is expected
to report 
results on March 10. 
    * ​Refinitiv's mean analyst estimate for Velocity Financial
Inc is
for earnings of 23 cents per share. For the same quarter last
year, the company reported earnings of 29 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 $16​, above​ its last closing price of $11.02.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.20        0.19       0.23      Beat    18.4
 Jun. 30 2021  0.18        0.17       0.25      Beat    47.7
 Mar. 31 2021  0.20        0.20       0.20      Met     -0.4​
 Dec. 31 2020  0.14        0.13       0.29      Beat    126.1
 ​​Sep.        0.14        0.14       0.12      Missed  -14.9
 30 2020                                                
 Jun. 30 2020  0.18        0.21       0.11      Missed  -47.5​
 Mar. 31 2020  0.30        0.31       0.26      Missed  -16.5
 Dec. 31 2019  0.49        0.49       0.27      Missed  -43.8
 This summary was machine generated March 8 at 21:46 GMT.  All
figures in US dollars  unless otherwise stated