Walker & Dunlop (WD) Misses Q2 EPS, Revenues Beat
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Walker & Dunlop Revenues Increase 11% to $281 Million as Services Businesses Expand Dramatically
August 5, 2021 6:00 AM EDTBETHESDA, Md., Aug. 5, 2021 /PRNewswire/ --
SECOND QUARTER 2021 HIGHLIGHTS
Total transaction volume of $13.5 billion, up 90% from Q2'20 Total revenues of $281.4 million, up 11% from Q2'20 Net income of $56.1 million and diluted earnings per share of $1.73, down 10% and 11%, respectively, from Q2'20 Adjusted EBITDA1 of $66.5 million, up 37% from Q2'20 Servicing portfolio of $112.3 billion at June 30, 2021, up 12% from June 30, 2020 Benefit for credit losses of $4.3 million resulted in a $0.10 benefit to diluted earnings per share Declared quarterly dividend of $0.50 per share for the third... More