UWM Hldgs (NYSE:UWMC) reported its Q1 earnings results on Wednesday, May 10, 2023 at 08:30 AM.
Here’s what investors need to know about the announcement.
Earnings
UWM Hldgs missed estimated earnings by 333.33%, reporting an EPS of $-0.07 versus an estimate of $0.03.
Revenue was down $660.52 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 4.35% increase in the share price the next day.
Here’s a look at UWM Hldgs’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.01 | -0.03 | 0.06 | 0.07 |
| EPS Actual | -0.03 | 0.16 | 0.10 | 0.22 |
| Revenue Estimate | 287.56M | 291.07M | 448.64M | 489.78M |
| Revenue Actual | 302.43M | 684.17M | 564.23M | 821.79M |
To track all earnings releases for UWM Hldgs visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
