Guild Holdings Co reports results for the quarter ended June 30 - Earnings Summary

• Guild Holdings Co GHLD.N reported quarterly adjusted earnings of 66 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 49 cents. The mean expectation of six analysts for the quarter was for earnings of 43 cents per share. Wall Street expected results to range from 38 cents to 51 cents per share.

• Revenue rose 12.1% to $347.13 million from a year ago; analysts expected $314.69 million.

• Guild Holdings Co's reported EPS for the quarter was 30 cents​.

• The company reported quarterly net income of $18.66 million.

• Guild Holdings Co shares had risen by 0.7% this quarter and gained 46.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.9% 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 "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the consumer lending peer group is "buy."

• Wall Street's median 12-month price target for Guild Holdings Co is $15.50, about 28.4% below its last closing price of $19.90

This summary was machine generated from LSEG data August 8 at 06:50 a.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)