Walker & Dunlop (WD) Misses Q3 EPS by 12c

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Walker & Dunlop Reports Q3 2023 Financial Results

November 9, 2023 6:00 AM EST

Servicing and Asset Management Segment Drives Strong Recurring Revenues

THIRD QUARTER 2023 HIGHLIGHTS

Total transaction volume of $8.6 billion, down 49% from Q322 Total revenues of $268.7 million, down 15% from Q322 Net income of $21.5 million and diluted earnings per share of $0.64, both down 54% from Q322 Adjusted EBITDA1 of $74.1 million, down 1% from Q322 Adjusted core EPS2 of $1.11, down 21% from Q322 Servicing portfolio of $129.0 billion at September 30, 2023, up 7% from September 30, 2022 Declared quarterly dividend of $0.63 per share for the fourth quarter of 2023

YEAR-TO-DATE 2023... More