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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100