UWM Holdings Corporation (UWMC) Tops Q1 EPS by 4c; offers 2Q outlook

UWM Holdings Corporation (NYSE: UWMC) reported Q1 EPS of $0.09, $0.04 better than the analyst estimate of $0.05. Revenue for the quarter came in at $569.96 million versus the consensus estimate of $474.55 million.

OUTLOOK

Second Quarter 2024 Outlook

We anticipate second quarter production to be in the $28 to $35 billion range, with gain margin from 85 to 110 basis points.

For earnings history and earnings-related data on UWM Holdings Corporation (UWMC) click here.

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