Walker & Dunlop Inc reports results for the quarter ended June 30 - Earnings Summary

• Walker & Dunlop Inc WD.N reported quarterly adjusted earnings of 99 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 67 cents. The mean expectation of three analysts for the quarter was for earnings of 72 cents per share. Wall Street expected results to range from 65 cents to 76 cents per share.

• Revenue rose 17.9% to $319.24 million from a year ago; analysts expected $278.19 million.

• Walker & Dunlop Inc's reported EPS for the quarter was 99 cents​.

• The company reported quarterly net income of $33.95 million.

• Walker & Dunlop Inc shares had risen by 7.1% this quarter and lost 22.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.5% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is "buy."

• Wall Street's median 12-month price target for Walker & Dunlop Inc is $92.50, about 18.4% above its last closing price of $75.48

This summary was machine generated from LSEG data August 7 at 03:41 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)