UWM (UWMC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

UWM Holdings Corporation (UWMC) reported $507.09 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 13.7%. EPS of $0.04 for the same period compares to $0.11 a year ago. The reported revenue represents a surprise of -6.15% over the Zacks Consensus Estimate of $540.31 million. With the consensus EPS estimate being $0.06, the EPS surprise was -33.33%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compa ...