Walker & Dunlop Grows Total Transaction Volume 91% to Record $11.4 Billion Generating Diluted Earnings Per Share of $1.49
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Walker & Dunlop (WD) Tops Q1 EPS by 14c, Revenues Beat
May 6, 2020 6:06 AM EDTWalker & Dunlop (NYSE: WD) reported Q1 EPS of $1.49, $0.14 better than the analyst estimate of $1.35. Revenue for the quarter came in at $234.2 million versus the consensus estimate of $193.2 million.
FIRST QUARTER 2020 HIGHLIGHTS
Record total transaction volume of $11.4 billion, up 91% from Q1'19Record total revenues of $234.2 million, up 25% from Q1'19Net income of $47.8 million and diluted earnings per share of $1.49, up 8% and 7%, respectively from Q1'19Adjusted EBITDA1 of $64.1 million, down 4% from Q1'19Servicing portfolio of $94.8 billion at March 31, 2020, up 8% from March 31, 2019Cash... More