UWM Hldgs: Q3 Earnings Insights - UWM Hldgs (NYSE:UWMC)

UWM Hldgs 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.

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.

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.