Velocity Financial, Inc. Reports First Quarter 2022 Results

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Go back to Velocity Financial, Inc. Reports First Quarter 2022 Results

Velocity Financial Inc. (VEL) Tops Q1 EPS by 10c

May 5, 2022 5:08 PM EDT

Velocity Financial Inc. (NYSE: VEL) reported Q1 EPS of $0.36, $0.10 better than the analyst estimate of $0.26.

Net income of $3.1 million and diluted earnings per share (EPS) of $0.09, down from $8.4 million and $0.24 per share, respectively, for 4Q21Core net income(1) of $12.4 million and core... More