Velocity Financial, Inc. Reports Second Quarter 2021 Results

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Velocity Financial Inc. (VEL) Tops Q2 EPS by 8c

August 5, 2021 4:34 PM EDT

Velocity Financial Inc. (NYSE: VEL) reported Q2 EPS of $0.25, $0.08 better than the analyst estimate of $0.17.

Net income of $9.45 million and Core income(1) of $8.45 million; diluted EPS of $0.28 and Core diluted EPS of $0.25Core diluted EPS(1) increased 24% sequentially to $0.25 per share in... More