Free Trial

Velocity Financial Q2 2024 Earnings Report

Velocity Financial logo
$20.23 -0.19 (-0.93%)
(As of 12/20/2024 04:34 PM ET)

Velocity Financial EPS Results

Actual EPS
$0.45
Consensus EPS
$0.43
Beat/Miss
Beat by +$0.02
One Year Ago EPS
$0.38

Velocity Financial Revenue Results

Actual Revenue
$32.42 million
Expected Revenue
$32.80 million
Beat/Miss
Missed by -$380.00 thousand
YoY Revenue Growth
N/A

Velocity Financial Announcement Details

Quarter
Q2 2024
Time
After Market Closes

Conference Call Resources

The #1 Coin for November 2024 (Ad)

Grayscale Investments just announced a new fund offering access to a HOT new DeFi coin… And thanks to this newly established trust, I believe this coin could skyrocket up to 150x+ in the next 30 days alone! I've compiled everything you need to know about this once-in-a-lifetime DeFi project into a brand-new comprehensive guide…

You can get access to the report by clicking here now…

Velocity Financial Earnings Headlines

The #1 Coin for November 2024
Grayscale Investments just announced a new fund offering access to a HOT new DeFi coin… And thanks to this newly established trust, I believe this coin could skyrocket up to 150x+ in the next 30 days alone! I've compiled everything you need to know about this once-in-a-lifetime DeFi project into a brand-new comprehensive guide…
See More Velocity Financial Headlines
Get Earnings Announcements in your inbox

Want to stay updated on the latest earnings announcements and upcoming reports for companies like Velocity Financial? Sign up for Earnings360's daily newsletter to receive timely earnings updates on Velocity Financial and other key companies, straight to your email.

About Velocity Financial

Velocity Financial (NYSE:VEL) operates as a real estate finance company in the United States. It originates, securitizes, and manages a portfolio of loans, which are secured by first mortgage liens on income-producing and/or owner/user commercial properties, including investor 1-4, a non-owner occupied residential rental properties with 1-4 units; residential apartments combined with office or retail space; and multi-family comprising traditional apartment buildings, condominiums, and other residential properties with 5+ units. The company also finances for retail properties with various types of retail products and merchandise or services; commercial properties occupied by professional or business offices; and warehouse and other properties, which include self-storage units, auto services, hospitality, light industrial, and other commercial enterprises, as well as provides short-term and interest-only loans for acquisition and improvement of 1-4-unit residential properties. It offers its products through a network of independent mortgage brokers for independent real estate investors and small business owners. The company was founded in 2004 and is headquartered in Westlake Village, California.

View Velocity Financial Profile

More Earnings Resources from MarketBeat

Upcoming Earnings