UWM Hldgs (NYSE:UWMC) reported its Q3 earnings results on Wednesday, November 8, 2023 at 08:30 AM.
Here’s what investors need to know about the announcement.
Earnings
UWM Hldgs beat estimated earnings by 150.0%, reporting an EPS of $0.15 versus an estimate of $0.06.
Revenue was down $7.06 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 6.48% drop in the share price the next day.
Here’s a look at UWM Hldgs’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.03 | -0.01 | -0.03 |
| EPS Actual | 0.11 | -0.07 | -0.03 | 0.16 |
| Revenue Estimate | 483.96M | 396.49M | 287.56M | 291.07M |
| Revenue Actual | 587.52M | 161.27M | 302.43M | 684.17M |
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.
