Walker & Dunlop Reports 21% Growth in Earnings on Quarterly Revenues of $247 Million
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Walker & Dunlop (WD) Tops Q3 EPS by 49c, Revenues Beat
October 29, 2020 6:17 AM EDTWalker & Dunlop (NYSE: WD) reported Q3 EPS of $1.66, $0.49 better than the analyst estimate of $1.17. Revenue for the quarter came in at $247 million versus the consensus estimate of $206.73 million.
THIRD QUARTER 2020 HIGHLIGHTS
Total revenues of $247.0 million, up 16% from Q3'19Total transaction volume of $8.4 billion, down 6% from Q3'19Net income of $53.2 million, up 21% from Q3'19 and diluted earnings per share of $1.66, up 19% from Q3'19Servicing portfolio of $103.4 billion at September 30, 2020, up 13%... More