Recap: UWM Hldgs Q3 Earnings

Recap: UWM Hldgs Q3 Earnings

UWM Hldgs UWMC reported its Q3 earnings results on Friday, November 4, 2022 at 08:30 AM.

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

Earnings

UWM Hldgs beat estimated earnings by 633.33%, reporting an EPS of $0.16 versus an estimate of $-0.03.

Revenue was down $6.14 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 1.23% drop in the share price the next day.

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

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.06 0.07 0.14 0.12
EPS Actual 0.10 0.22 0.11 0.16
Revenue Estimate 448.64M 489.78M 630.82M 612.93M
Revenue Actual 564.23M 821.79M 605.46M 690.31M

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