Velocity Financial Inc. (VEL) Updated Q4 EPS Guidance Tops Consensus

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Go back to Velocity Financial Inc. (VEL) Updated Q4 EPS Guidance Tops Consensus

Velocity Financial, Inc. Provides Financial and Operational Update and Announces Date of Fourth Quarter Results Conference Call

January 21, 2022 9:00 AM EST

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- Velocity Financial, Inc. (Velocity or the Company) (NYSE: VEL), a leading provider of small balance investor loans, today announced a preliminary financial and operational update for the quarter ended December 31, 2021. The Company expects to release its fourth quarter 2021 results after market close on March 10, 2022, to be followed by a conference call and webcast hosted by the Company to review its financial results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day.

Fourth Quarter Financial and Operational Estimates:

Loan production... More