Will Walker & Dunlop (WD) Beat Estimates Again in Its Next Earnings Report?

Core Viewpoint - Walker & Dunlop has a strong track record of exceeding earnings estimates, with an average surprise of 39.31% over the last two quarters [1] Earnings Performance - For the last reported quarter, Walker & Dunlop achieved earnings of $1.19 per share, surpassing the Zacks Consensus Estimate of $0.83 per share, resulting in a surprise of 43.37% [5] - In the previous quarter, the company was expected to post earnings of $1.05 per share but delivered $1.42 per share, yielding a surprise of 35.24% [5] Earnings ESP and Analyst Sentiment - Walker & Dunlop currently has an Earnings ESP of +16.38%, indicating a bullish outlook from analysts regarding the company's earnings prospects [2] - The combination of a positive Earnings ESP and a Zacks Rank 3 (Hold) suggests a high likelihood of another earnings beat, with historical data showing that this combination results in a positive surprise nearly 70% of the time [6][7] Future Expectations - The next earnings report for Walker & Dunlop is anticipated to be released on August 8, 2024, and the company is positioned well to maintain its trend of beating earnings estimates [2][8]