UWM (US:UWMC) ZACKSยท2024-11-07 15:40Group 1 - UWM Holdings Corporation (UWMC) reported quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.08 per share, and down from $0.29 per share a year ago, representing an earnings surprise of -87.50% [1] - The company posted revenues of $526.43 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 1.82%, but down from year-ago revenues of $677.12 million [2] - UWM shares have lost about 7.3% since the beginning of the year, while the S&P 500 has gained 24.3% [3] Group 2 - The current consensus EPS estimate for the coming quarter is $0.08 on revenues of $571.82 million, and for the current fiscal year, it is $0.26 on revenues of $2.18 billion [7] - The Zacks Industry Rank for Financial - Mortgage & Related Services is currently in the top 8% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]