Compared to Estimates, UWM (UWMC) Q1 Earnings: A Look at Key Metrics

For the quarter ended March 2024, UWM Holdings Corporation (UWMC) reported revenue of $569.96 million, up 253.4% over the same period last year. EPS came in at $0.00, compared to -$0.07 in the year-ago quarter.The reported revenue represents a surprise of +22.13% over the Zacks Consensus Estimate of $466.69 million. With the consensus EPS estimate being $0.04, the EPS surprise was -100.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compar ...