Walker & Dunlop (WD) Tops Q3 EPS by 9c, Beats on Revenues

Walker & Dunlop (NYSE: WD) reported Q3 EPS of $1.06, $0.09 better than the analyst estimate of $0.97. Revenue for the quarter came in at $179.7 million versus the consensus estimate of $166.38 million.

THIRD QUARTER 2017 HIGHLIGHTS

• Record total transaction volume of $8.5 billion, up 70% from Q3 \'16
• Record total revenues of $179.7 million, up 16% from Q3 \'16
• Net income of $34.4 million, or $1.06 per diluted share, up 16% from Q3 \'16
• Adjusted EBITDA1 of $45.0 million, up 24% from Q3 \'16
• Servicing portfolio of $70.3 billion at September 30, 2017, up 19% from September 30, 2016
• Net MSR additions from loan originations during the quarter totaled $14.8 million
• Share repurchases of $10.8 million at a weighted-average price of $47.07 per share

For earnings history and earnings-related data on Walker & Dunlop (WD) click here.

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