UWM Holdings Corp expected to post earnings of 8 cents a share - Earnings Preview

* UWM Holdings Corp is expected to show a fall in quarterly revenue when it reports results on November 7 for the period ending September 30 2024

* The Pontiac Michigan-based company is expected to report a 13.7% decrease in revenue to $584.524 million from $677.12 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for UWM Holdings Corp is for earnings of 8 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 8 "hold" and 2 "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 UWM Holdings Corp is $8.25​, above​ its last closing price of $6.56. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jan. 1 0001 0.08 0.07 0.04 Missed -40.9

Mar. 31 0001 0.04 0.06 0.09 Beat 41.5

Dec. 31 2023 0.04 0.04 -0.23 Missed -654.2

​

Jan. 1 0001 0.06 0.06 0.15 Beat 134.4

​​Jun. 0.05 0.06 0.11 Beat 95.3

30 2023

Mar. 31 2023 0.03 0.03 -0.07 Missed -308.1

​

Dec. 31 2022 -0.01 -0.01 -0.03 Missed -237.1

Sep. 30 2022 -0.03 -0.03 0.16 Beat 673.7

This summary was machine generated November 6 at 14:30 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)