Walker & Dunlop Q1 2024 Adj EPS $1.19 Beats $0.52 Estimate, Sales $228.059M Miss $251.817M Estimate
Portfolio Pulse from Benzinga Newsdesk
Walker & Dunlop reported Q1 2024 adjusted EPS of $1.19, surpassing the $0.52 estimate, but its sales of $228.059M fell short of the $251.817M forecast. This represents a 1.71% increase in EPS and a 4.48% decrease in sales year-over-year.

May 02, 2024 | 10:10 am
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Walker & Dunlop's Q1 2024 earnings beat estimates with an EPS of $1.19, but sales missed expectations, impacting its stock.
The significant beat on EPS estimates is likely to be viewed positively by investors, indicating strong profitability. However, the miss on sales forecasts could raise concerns about revenue growth and market demand, potentially offsetting the positive impact on the stock price. The mixed results present a neutral short-term outlook for Walker & Dunlop's stock.
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