Recap: UWM Hldgs Q2 Earnings

Recap: UWM Hldgs Q2 Earnings

 

UWM Hldgs UWMC reported its Q2 earnings results on Tuesday, August 9, 2022 at 08:30 AM.

Here's what investors need to know about the announcement.

Earnings

UWM Hldgs beat estimated earnings by 66.67%, reporting an EPS of $0.1 versus an estimate of $0.06.

Revenue was up $79.57 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.15 which was followed by a 3.06% drop in the share price the next day.

Here's a look at UWM Hldgs's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.07 0.14 0.12 0.08
EPS Actual 0.22 0.11 0.16 0.07
Revenue Estimate 489.78M 630.82M 612.93M 675.00M
Revenue Actual 821.79M 605.46M 690.31M 484.65M

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.

Posted In: BZI-RecapsEarnings