Walker & Dunlop (WD) Misses Q2 EPS by 20c

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Walker & Dunlop Reports 67% Growth in Transaction Volume As Revenue Grows 21% to $341 Million

August 4, 2022 6:00 AM EDT

SECOND QUARTER 2022 HIGHLIGHTS

Total transaction volume of $22.5 billion, up 67% from Q2'21Total revenues of $340.8 million, up 21% from Q2'21Net income of $54.3 million and diluted earnings per share of $1.61, down 3% and 7%, respectively, from Q2'21Adjusted EBITDA1 of $94.8 million, up 43% from Q2'21Servicing portfolio of $119.0 billion at June 30, 2022 up 6% from June 30, 2021Declared quarterly dividend of $0.60 per share for the third quarter

YEAR-TO-DATE 2022 HIGHLIGHTS

Total transaction volume of $35.2 billion, up 56% from 2021Total revenues of $660.3... More