Recap: Guild Holdings Q3 Earnings
Portfolio Pulse from Benzinga Insights
Guild Holdings (NYSE:GHLD) reported its Q3 earnings results, beating estimated earnings by 182.35% with an EPS of $0.48 versus an estimate of $0.17. However, revenue was down $3.96 million from the same period last year. Last quarter, the company beat on EPS by $0.1, which was followed by a 5.53% increase in the share price the next day.
November 08, 2023 | 9:10 pm
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Guild Holdings reported a significant beat on Q3 earnings estimates, which could potentially lead to a short-term increase in its stock price, similar to the previous quarter.
Guild Holdings reported a significant beat on Q3 earnings estimates, which historically has led to an increase in its stock price. However, the decrease in revenue year-over-year might temper investor enthusiasm.
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