Walker & Dunlop (WD - Free Report) reported $268.74 million in revenue for the quarter ended September 2023, representing a year-over-year decline of 14.9%. EPS of $1.11 for the same period compares to $1.40 a year ago.
The reported revenue represents a surprise of -6.10% over the Zacks Consensus Estimate of $286.21 million. With the consensus EPS estimate being $1.22, the EPS surprise was -9.02%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Walker & Dunlop performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenues- Property sales broker fees: $16.86 million versus the two-analyst average estimate of $12.69 million.
- Revenues- Escrow earnings and other interest income: $43 million compared to the $42.17 million average estimate based on two analysts. The reported number represents a change of +137.2% year over year.
- Revenues- Servicing fees: $79.20 million versus $79.72 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +4.2% change.
View all Key Company Metrics for Walker & Dunlop here>>>Shares of Walker & Dunlop have returned +0.5% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Walker & Dunlop (WD - Free Report) reported $268.74 million in revenue for the quarter ended September 2023, representing a year-over-year decline of 14.9%. EPS of $1.11 for the same period compares to $1.40 a year ago.
The reported revenue represents a surprise of -6.10% over the Zacks Consensus Estimate of $286.21 million. With the consensus EPS estimate being $1.22, the EPS surprise was -9.02%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Walker & Dunlop performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenues- Property sales broker fees: $16.86 million versus the two-analyst average estimate of $12.69 million.
- Revenues- Escrow earnings and other interest income: $43 million compared to the $42.17 million average estimate based on two analysts. The reported number represents a change of +137.2% year over year.
- Revenues- Servicing fees: $79.20 million versus $79.72 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +4.2% change.
View all Key Company Metrics for Walker & Dunlop here>>>Shares of Walker & Dunlop have returned +0.5% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Top 5 ChatGPT Stocks Revealed
Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion.
Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests. As one of the selected companies puts it, “Automation frees people from the mundane so they can accomplish the miraculous.”
Download Free ChatGPT Stock Report Right Now >>
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