Walker & Dunlop Inc reports results for the quarter ended in January - Earnings Summary

Walker & Dunlop

02/05/2024 15:23

* Walker & Dunlop Inc  WD.N  reported quarterly adjusted
earnings
of 35 cents​​ per share for the quarter ended in January, lower
than the same quarter last year, when the company reported EPS
of 79 cents.  The mean expectation of five analysts for the
quarter was for earnings of 52 cents per share. Wall Street
expected results to range from 50 cents to 54 cents per share.
    * Revenue fell 4.5% to $228.06 million from a year ago;
analysts
expected $251.82 million. 
    * Walker & Dunlop Inc's reported EPS for the quarter was 36
cents​.
    * The company reported quarterly net income of $11.87
million.
    * Walker & Dunlop Inc shares had fallen by 8.2% this
quarter and
lost 16.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 33.4%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for Walker & Dunlop
Inc is $105.00 
This summary was machine generated from LSEG data May 2 at 02:22
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
 Mar. 31 2024      0.52           0.35           Missed
 Dec. 31 2023      0.80           0.93           Beat
 Sep. 30 2023      1.01           0.64           Missed
 Jun. 30 2023      0.87           0.82           Missed