8-K
filed November 9, 2023, 6:59 PM ET
ticker WD
CIK 0001497770
earnings
confidence high
sentiment negative
materiality 0.85
Walker & Dunlop Q3 net income down 54% to $0.64 EPS; total revenues -15% to $268.7M
Walker & Dunlop, Inc.
2023-Q3 EPS reported
$2.25
revenue$780,104,000
- Total transaction volume $8.6B, down 49% YoY; total revenues $268.7M, down 15%.
- Net income $21.5M ($0.64 diluted EPS) down 54%; adjusted core EPS $1.11 down 21%.
- Servicing portfolio grew 7% to $129B; Servicing & Asset Management segment revenue +15% to $148.1M.
- Declared Q4 dividend $0.63/share unchanged.
- CEO cites dislocated market but plans to capitalize on multifamily maturities in 2024.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.7
Walker & Dunlop, Inc. reported financial results for year-to-date period ended September 30, 2023.
- Period
- year-to-date period ended September 30, 2023
- Result
- reported results
Exact text from the filing
On November 9, 2023, Walker & Dunlop, Inc. (the “Company”) issued a press release reporting its financial results for the quarter and year-to-date period ended September 30, 2023.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.85
Walker & Dunlop, Inc. reported third quarter of 2023 results: revenue $268.7 million, net income $21.5 million, EPS $0.64.
- Period
- third quarter of 2023
- Revenue
- $268.7 million
- Net income
- $21.5 million
- EPS
- $0.64
- Result
- reported results
Exact text from the filing
Asset Management Segment Drives Strong Recurring Revenues THIRD QUARTER 2023 HIGHLIGHTS ● Total transaction volume of $8.6 billion, down 49% from Q3’22 ● Total revenues of $268.7 million, down 15% from Q3’22 ● Net income of $21.5 million and diluted earnings per share of $0.64, both down 54% from Q3’22 ● Adjusted EBITDA 1 of $74.1 million, down 1% from Q3’22 ●
View on SEC.gov
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