Velocity Financial (VEL) Tops Q2 Earnings Estimates
VELVelocity Financial(VEL) ZACKS·2024-08-02 07:20

Velocity Financial (VEL) came out with quarterly earnings of 0.45pershare,beatingtheZacksConsensusEstimateof0.45 per share, beating the Zacks Consensus Estimate of 0.43 per share. This compares to earnings of 0.38pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof4.650.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.65%. A quarter ago, it was expected that this company would post earnings of 0.40 per share when it actually produced earnings of $0.51, delivering a surprise of 27.50%.Over the last four quarters, the company ...