Velocity Financial Inc VEL.N, VEL is expected to show a fall in quarterly revenue when it reports results on August 7 for the period ending June 30 2025
The Westlake Village California-based company is expected to report a 25.1% decrease in revenue to $41.036 million from $54.76 million a year ago, according to the estimate from one analyst, based on LSEG data.
LSEG's mean analyst estimate for Velocity Financial Inc is for earnings of 53 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Velocity Financial Inc is $21.00, about 20.9% above its last closing price of $16.61
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Mar. 31 2025 | 0.50 | 0.52 | 0.55 | Beat | 5.1 |
Dec. 31 2025 | 0.47 | 0.48 | 0.60 | Beat | 24.4 |
Sep. 30 2024 | 0.48 | 0.48 | 0.47 | Missed | -2.1 |
Jun. 30 2024 | 0.42 | 0.41 | 0.45 | Beat | 10.4 |
Mar. 31 2024 | 0.39 | 0.39 | 0.51 | Beat | 30.8 |
Dec. 31 2023 | 0.39 | 0.38 | 0.46 | Beat | 22.2 |
Sep. 30 2023 | 0.35 | 0.35 | 0.37 | Beat | 4.6 |
Jun. 30 2023 | 0.32 | 0.33 | 0.38 | Beat | 14.9 |
This summary was machine generated August 5 at 20:48 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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