Walker & Dunlop Q3 Earnings Tops Estimates; Declares Dividend

RTTNews | 1018 दिनों पहले
Walker & Dunlop Q3 Earnings Tops Estimates; Declares Dividend

(RTTNews) - Walker & Dunlop, Inc. (WD) reported Wednesday that net income for the third quarter declined to $46.83 million or $1.40 per share from $71.72 million or $2.21 per share in the prior-year quarter.

Total revenues for the quarter decreased 9 percent to $315.61 million from $346.29 million in the same quarter last year.

On average, four analysts polled by Thomson Reuters expected the company to report earnings of $1.99 per share on revenue of $350.58 million for the quarter. Analysts' estimates typically exclude special items.

The company said they were significantly impacted by a year-over-year decrease in non-cash MSR income due to spread compression on its Fannie Mae lending.

On Tuesday, the Company's Board of Directors also declared a quarterly dividend of $0.60 per share for the fourth quarter of 2022, payable on December 9, 2022 to all holders of record of the Company's restricted and unrestricted common stock as of November 25, 2022.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

टैग: WD
read more
U.S. Dollar Drops After Powell's Speech

U.S. Dollar Drops After Powell's Speech

The U.S. dollar weakened against its major counterparts in the New York session on Friday, as Federal Reserve Chair Jerome Powell hinted at a potential rate cut next month.
RTTNews | 14घंटे 10 मिनट पहले
TSX Hits New Record High As Stocks Rally On Fed Rate Cut Hopes

TSX Hits New Record High As Stocks Rally On Fed Rate Cut Hopes

The Canadian market is up firmly in positive territory a little past noon on Friday, with stocks from across several sectors moving higher on strong buying support amid rising hopes of an interest rate cut by the Federal Reserve in September.
RTTNews | 19घंटे 40 मिनट पहले
Powell Says Outlook, Shifting Balance Of Risks 'May Warrant' Lower Rates

Powell Says Outlook, Shifting Balance Of Risks 'May Warrant' Lower Rates

Federal Reserve Chair Jerome Powell delivered a highly-anticipated speech before the Jackson Hole Economic Symposium on Friday, although he touched only briefly on the outlook for monetary policy. "With policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance," Powell said.
RTTNews | 21घंटे 49 मिनट पहले
Bay Street Likely To Open On Mixed Note; Powell's Speech Eyed

Bay Street Likely To Open On Mixed Note; Powell's Speech Eyed

Canadian shares are likely to open on a somewhat mixed note Friday morning with investors awaiting Fed Chair Jerome Powell's speech at Jackson Hole. Lower commodity prices may weigh a bit early on in the session.
RTTNews | 1 दिन पहले
Sensex, Nifty Snap Six-day Winning Streak On Tariff Concerns

Sensex, Nifty Snap Six-day Winning Streak On Tariff Concerns

Indian shares fell sharply on Friday after a Trump administration official called India the 'Maharaja' of tariffs and ramped up his criticism over the trade ahead of an expected tariff increase on August 27.
RTTNews | 1 दिन पहले
FTSE 100 Down Slightly; Standard Chartered Shares Up Sharply

FTSE 100 Down Slightly; Standard Chartered Shares Up Sharply

U.K. stocks are turning in a mixed performance in cautious trade on Friday, amid a lack of fresh triggers. Investors are awaiting Fed Chair Jerome Powell's speech later in the day at the Jackson Hole Symposium, for clues about U.S. central bank's interest rate move next month.
RTTNews | 1 दिन पहले
U.S. Dollar Rises Ahead Of Fed's Powell Speech

U.S. Dollar Rises Ahead Of Fed's Powell Speech

The U.S. dollar strengthened against other major currencies in the European session on Friday, as traders expect speech by Fed Chair Jerome Powell at the Jackson Hole Symposium.
RTTNews | 1 दिन पहले