Velocity Financial (VEL) PT Raised to $11 at JMP Securities

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Velocity Financial Inc. (VEL) Reports In-Line Q1 EPS, Revenues Miss

May 6, 2021 5:26 PM EDT

Velocity Financial Inc. (NYSE: VEL) reported Q1 EPS of $0.20, in-line with the analyst estimate of $0.20. Revenue for the quarter came in at $15.22 million versus the consensus estimate of $19.1 million.

As we mark the one-year anniversary of the COVID-19 pandemic, I am increasingly optimistic... More