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Velocity Financial Q1 2024 Adj EPS $0.51 Beats $0.39 Estimate, Sales $54.247M Beat $46.200M Estimate

Benzinga Newsdesk 2 years ago

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Velocity Financial (NYSE:VEL) reported quarterly earnings of $0.51 per share which beat the analyst consensus estimate of $0.39 by 30.77 percent. This is a 54.55 percent increase over earnings of $0.33 per share from the

Velocity Financial (NYSE:VEL) reported quarterly earnings of $0.51 per share which beat the analyst consensus estimate of $0.39 by 30.77 percent. This is a 54.55 percent increase over earnings of $0.33 per share from the same period last year. The company reported quarterly sales of $54.247 million which beat the analyst consensus estimate of $46.200 million by 17.42 percent. This is a 49.54 percent increase over sales of $36.275 million the same period last year.

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