Walker & Dunlop's Q4 Adjusted Core Earnings Drop While Revenue Rises; Lifts Quarterly Dividend

MT Newswires Live
02-13

Walker & Dunlop (WD) reported Q4 adjusted core earnings Thursday of $1.34 per share, down from $1.42 a year earlier.

Four analysts polled by FactSet expected $1.45.

Revenue for the quarter ended Dec. 31 was $341.5, up from $274.3 million a year earlier.

Four analysts surveyed by FactSet expected $313.1 million.

The company said it has increased its quarterly dividend for Q1 to $0.67 per share, payable March 14 to shareholders of record as of Feb. 28.

The company's shares were up nearly 3% in recent premarket activity Thursday.

Price: 93.31, Change: +2.33, Percent Change: +2.6

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