Walker & Dunlop Inc reports results for the quarter ended in September 30 - Earnings Summary

Walker & Dunlop

07/11/2024 14:46

* Walker & Dunlop Inc  WD.N  reported quarterly adjusted
earnings
of 85 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of 64 cents.  The mean expectation of five analysts
for the quarter was for earnings of $1.01 per share. Wall Street
expected results to range from 91 cents to $1.13 per share.
    * Revenue rose 8.8% to $292.30 million from a year ago;
analysts
expected $294.25 million. 
    * Walker & Dunlop Inc's reported EPS for the quarter was 85
cents​.
    * The company reported quarterly net income of $28.8
million.
    * Walker & Dunlop Inc shares had fallen by 0.6% this
quarter and
gained 1.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 5% in
the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
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 117.00 
This summary was machine generated from LSEG data November 7 at
02:46 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
 Sep. 30 2024      1.01           0.85           Missed
 Jun. 30 2024      0.79           0.67           Missed
 Mar. 31 2024      0.52           0.35           Missed
 Dec. 31 2023      0.80           0.93           Beat