UWM Holdings Swings to Q4 Earnings, Revenue Turns Positive

MT Newswires Live

02/26

UWM Holdings (UWMC) reported Q4 earnings Wednesday of $0.02 per diluted share, compared with a loss of $0.29 a year earlier.

Analysts polled by FactSet expected EPS of $0.11.

Revenue for the quarter ended Dec. 31 was $560.2 million, compared with -$114.6 million a year earlier.

Analysts surveyed by FactSet expected $644 million.

UWM shares were more than 5% lower in premarket trading.

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