Walker & Dunlop (WD) Tops Q3 EPS by 21c, Misses on Revenue
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Walker & Dunlop Reports Third Quarter 2024 Financial Results
November 7, 2024 6:00 AM EST36% Increase in Total Transaction Volume Drives 33% Increase in Diluted Earnings Per Share
THIRD QUARTER 2024 HIGHLIGHTS
Total transaction volume of $11.6 billion, up 36% from Q323 Total revenues of $292.3 million, up 9% from Q323 Net income of $28.8 million and diluted earnings per share of $0.85, up 34% and 33%, respectively, from Q323 Adjusted EBITDA(1) of $78.9 million, up 7% from Q323 Adjusted core EPS(2) of $1.19, up 7% from Q323 Servicing portfolio of $134.1 billion as of September 30, 2024, up 4% from September 30, 2023 Declared quarterly dividend of $0.65 per share for the fourth quarter... More