UWM (US:UWMC) ZACKSยท2025-02-26 16:01Group 1 - UWM Holdings Corporation reported $560.21 million in revenue for the quarter ended December 2024, reflecting a year-over-year decline of 588.9% [1] - The EPS for the same period was $0.00, compared to -$0.23 a year ago, indicating a significant improvement [1] - The reported revenue fell short of the Zacks Consensus Estimate of $647.08 million, resulting in a surprise of -13.43% [1] Group 2 - Key metrics indicate that UWM's loan production income was $407.23 million, exceeding the average estimate of $401.42 million by four analysts, representing an increase of +80.6% year-over-year [4] - Interest income was reported at $140.07 million, slightly above the average estimate of $139.13 million, with a year-over-year change of +59.4% [4] - Loan servicing income was $173.30 million, compared to the average estimate of $152.47 million, showing a year-over-year decline of -16.1% [4] - The change in fair value of mortgage servicing rights was reported at $309.15 million, significantly higher than the average estimate of -$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]