Group 1 - UWM Holdings Corporation reported 560.21millioninrevenueforthequarterendedDecember2024,reflectingayear−over−yeardeclineof588.90.00, compared to -0.23ayearago,indicatingasignificantimprovement[1]−ThereportedrevenuefellshortoftheZacksConsensusEstimateof647.08 million, resulting in a surprise of -13.43% [1] Group 2 - Key metrics indicate that UWM's loan production income was 407.23million,exceedingtheaverageestimateof401.42 million by four analysts, representing an increase of +80.6% year-over-year [4] - Interest income was reported at 140.07million,slightlyabovetheaverageestimateof139.13 million, with a year-over-year change of +59.4% [4] - Loan servicing income was 173.30million,comparedtotheaverageestimateof152.47 million, showing a year-over-year decline of -16.1% [4] - The change in fair value of mortgage servicing rights was reported at 309.15million,significantlyhigherthantheaverageestimateof−92.58 million, reflecting a year-over-year change of -148.7% [4] Group 3 - UWM shares have returned +4.8% over the past month, outperforming the Zacks S&P 500 composite, which saw a decline of -2.3% [3] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential for outperformance in the near term [3]
UWM (UWMC) ZACKS·2025-02-26 16:01