earnings
confidence high
sentiment negative
materiality 0.75
Walker & Dunlop Q1 net income down 55% YoY; adjusted core EPS up 2%
Walker & Dunlop, Inc.
2024-Q1 EPS reported
$0.35
revenue$228,059,000
- GAAP net income $11.9M ($0.35 diluted EPS) vs $26.7M ($0.79) in Q1 23, down 55% and 56%.
- Total revenues $228.1M (-4% YoY); total transaction volume $6.4B (-5% YoY).
- Adjusted EBITDA $74.1M (+9%) and adjusted core EPS $1.19 (+2%) highlight recurring revenue strength.
- Servicing portfolio grew 6% to $132B; declared Q2 dividend of $0.65/share, flat YoY.
- Board authorized $75M share repurchase program through Feb 2025.