Walker & Dunlop Inc reports results for the quarter ended March 31 - Earnings Summary

• Walker & Dunlop Inc WD.N reported quarterly adjusted earnings of 8 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 35 cents. The mean expectation of five analysts for the quarter was for earnings of 69 cents per share. Wall Street expected results to range from 25 cents to $1.31 per share.

• Revenue rose 10% to $237.37 million from a year ago; analysts expected $250.98 million.

• Walker & Dunlop Inc's reported EPS for the quarter was 8 cents​.

• The company reported quarterly net income of $2.75 million.

• Walker & Dunlop Inc shares had fallen by 10.3% this quarter and lost 21.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 29.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

• Wall Street's median 12-month price target for Walker & Dunlop Inc is $105.00

This summary was machine generated from LSEG data May 1 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)