UWM (UWMC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
UWMCUWM (UWMC) ZACKS·2024-08-06 23:00

UWM Holdings Corporation (UWMC) reported 507.09millioninrevenueforthequarterendedJune2024,representingayear−over−yeardeclineof13.7507.09 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 13.7%. EPS of 0.04 for the same period compares to 0.11ayearago.Thereportedrevenuerepresentsasurpriseof−6.150.11 a year ago.The reported revenue represents a surprise of -6.15% over the Zacks Consensus Estimate of 540.31 million. With the consensus EPS estimate being $0.06, the EPS surprise was -33.33%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare ...