Investing.com - UWM Holdings reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
UWM Holdings announced earnings per share of $0.130 on revenue of $447.4M. Analysts polled by Investing.com anticipated EPS of $-0.014 on revenue of $263.27M.
UWM Holdings shares are down 37.33% from the beginning of the year and are trading at $3.710 , down-from-52-week-high.
UWM Holdings follows other major Financial sector earnings this month
UWM Holdings's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday, October 17, 2022 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
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