Walker & Dunlop Reports 20% Growth in Diluted Earnings Per Share to $1.79
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Walker & Dunlop (WD) Misses Q1 EPS by 15c, Revenues Miss
May 6, 2021 6:16 AM EDTWalker & Dunlop (NYSE: WD) reported Q1 EPS of $1.79, $0.15 worse than the analyst estimate of $1.94. Revenue for the quarter came in at $224.3 million versus the consensus estimate of $246.03 million.
FIRST QUARTER 2021 HIGHLIGHTS
Total revenues of $224.3 millionTotal transaction volume of $9.0 billionNet income of $58.1 million and diluted earnings per share of $1.79Benefit for credit losses of $11.3 million resulted in a $0.25 benefit to diluted earnings per shareServicing portfolio of $109.9 billion at March 31, 2021Adjusted EBITDA1 of $60.7 millionDeclared... More