Guild Holdings Q3 Adj $0.48 Beats $0.17 Estimate, Sales $257.26M Beat $203.49M Estimate
Portfolio Pulse from Benzinga Newsdesk
Guild Holdings (NYSE:GHLD) reported Q3 earnings of $0.48 per share, beating the analyst consensus estimate of $0.17 by 182.35%. This is a 20% increase from the same period last year. The company also reported quarterly sales of $257.26 million, beating the analyst consensus estimate of $203.49 million by 26.42%. However, this is a 1.52% decrease from the same period last year.
November 08, 2023 | 10:05 pm
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Guild Holdings reported strong Q3 earnings, significantly beating analyst estimates. However, there was a slight decrease in sales compared to the same period last year.
The company's strong earnings report, which significantly exceeded analyst expectations, is likely to have a positive impact on the stock price. However, the slight decrease in sales compared to the same period last year could temper this positive impact somewhat.
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RELEVANCE 100