Walker & Dunlop Q2 2024 Adj EPS $1.23 Beats $0.79 Estimate, Sales $270.68M Miss $274.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
Walker & Dunlop (NYSE:WD) reported Q2 2024 adjusted EPS of $1.23, beating the analyst estimate of $0.79 by 55.7%. However, sales of $270.68 million missed the $274.50 million estimate by 1.39%, representing a 0.71% decrease from the same period last year.
August 08, 2024 | 10:04 am
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Walker & Dunlop's Q2 2024 adjusted EPS of $1.23 beat estimates by 55.7%, but sales of $270.68 million missed estimates by 1.39%.
The significant beat on EPS is likely to have a positive impact on the stock price in the short term, despite the slight miss on sales. Investors often prioritize earnings beats over minor revenue misses.
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