Walker & Dunlop (WD) Reports Q3 Revenues Above Consensus

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Recruiting, Regulatory Clarity, and Exceptional Financial Performance Underscore Walker & Dunlop Q3 Results

November 6, 2019 6:00 AM EST

BETHESDA, Md., Nov. 6, 2019 /PRNewswire/ --

THIRD QUARTER 2019 HIGHLIGHTS

Total transaction volume of $8.9 billion, up 16% from Q3'18 Total revenues of $212.3 million, up 15% from Q3'18 Net income of $44.0 million, up 17% from Q3'18 and diluted earnings per share of $1.39, up 21% from Q3'18 Adjusted EBITDA1 of $54.5 million, down 6% from Q3'18 Servicing portfolio of $91.8 billion at September 30, 2019, up 14% from September 30, 2018 Declared dividend of $0.30 per share for the quarter

YEAR-TO-DATE 2019 HIGHLIGHTS

Total transaction volume of $22.2 billion, up 19%... More