earnings
confidence high
sentiment neutral
materiality 0.80
Walker & Dunlop Q1'23: revenue -25%, GAAP EPS -63%, adj. core EPS +10%
Walker & Dunlop, Inc.
2023-Q1 EPS reported
$0.79
revenue$238,746,000
- Total transaction volume $6.7B, down 47% YoY; revenues $238.7M, down 25%.
- GAAP diluted EPS $0.79 (down 63%); adjusted core EPS $1.17 (up 10%).
- Adjusted EBITDA $68.0M, up 9%; servicing portfolio $124.6B, up 7%.
- Headcount reduced 8%; quarterly dividend unchanged at $0.63/share.
- Management expects GSE volumes to increase as banks pull back from CRE lending.