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VEL

Velocity Financial Inc

$15.95

Earnings Summary

Revenue
$39.83Mn
Net Profits
$12.09Mn
Net Profit Margins
30.35%

Highlights

Revenue:

Velocity Financial Inc’s revenue jumped 65.65% since last year same period to $39.83Mn in the Q3 2023. On a quarterly growth basis, Velocity Financial Inc has generated 13.54% jump in its revenue since last 3-months.

Net Profits:

Velocity Financial Inc’s net profit jumped 21.07% since last year same period to $12.09Mn in the Q3 2023. On a quarterly growth basis, Velocity Financial Inc has generated -0.8% fall in its net profits since last 3-months.

Net Profit Margins:

Velocity Financial Inc’s net profit margin fell -26.92% since last year same period to 30.35% in the Q3 2023. On a quarterly growth basis, Velocity Financial Inc has generated -12.63% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Velocity Financial Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.36
EPS Estimate Current Year
0.36

Highlights

EPS Estimate Current Quarter:

Velocity Financial Inc’s earning per share (EPS) estimates for the current quarter stand at 0.36 - a -5.92% fall from last quarter’s estimates.

EPS Estimate Current Year:

Velocity Financial Inc’s earning per share (EPS) estimates for the current year stand at 0.36.

Key Ratios

Key ratios of the Velocity Financial Inc post its Q3 2023 earnings

Earning Per Share (EPS)
0.37

Highlights

Earning Per Share (EPS):

Velocity Financial Inc’s earning per share (EPS) jumped 27.59% since last year same period to 0.37 in the Q3 2023. This indicates that the Velocity Financial Inc has generated 27.59% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2023-11-03
0.35
0.37
5.71%
2023-05-05
0.29
0.33
13.79%
2023-08-04
0.33
0.38
15.15%