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UWM Holdings Corporation (NYSE:UWMC ) Q1 2025 Earnings Conference Call May 6, 2025 10:00 AM ET Company Participants Blake Kolo - Chief Business Officer & Head, IR Mat Ishbia - Chairman & CEO Rami Hasani - CFO Conference Call Participants Eric Hagen - BTIG Bose George - KBW Jeff Adelson - Morgan Stanley Mikhail Goberman - Citizens Doug Harter - UBS Operator Good morning, my name is Abby and I'll be your conference operator today. At this time, I would like to welcome everyone to the UWM Holdings Corporation First Quarter 2025 Earnings Conference Call.
The headline numbers for UWM (UWMC) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
UWM Holdings Corporation (UWMC) came out with a quarterly loss of $0.23 per share versus the Zacks Consensus Estimate of $0.06. This compares to break-even earnings per share a year ago.
PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE:UWMC), the publicly traded indirect parent of United Wholesale Mortgage (UWM), the #1 overall mortgage lender, wholesale and purchase mortgage lender in the U.S., will announce its first quarter 2025 financial results on Tuesday, May 6, 2025. A press release with financial highlights will be available on the company's Investor Relations website https://investors.uwm.com in the Earnings Release section. UWM will host a conference ca.
United Wholesale Holdings Corp. is investing heavily in cutting-edge technology and AI to streamline operations and prepare for a potential drop in mortgage rates. CEO Mat Ishbia is optimistic about future growth, citing a surge in employment and readiness to capitalize on lower interest rates. Despite Ishbia's optimism, Seeking Alpha's Quant system rates UWMC shares as overvalued, advising caution due to negative EPS revisions.
PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE: UWMC) (“UWMC,” or the "Company"), has named Rami Hasani as its new Chief Financial Officer. Mr. Andrew Hubacker will be moving into a senior advisor role effective April 1, 2025. Mr. Hasani will assume the position effective April 1, 2025, and will oversee all financial aspects of the company including accounting, internal and external reporting, financial compliance, tax, treasury and liquidity management, and budgeting and forec.
In 2024's worst home sales since 1995, UWM smashed records with $96B in purchase loans while doubling its refinance market share to 12%. With a $3.5B profit precedent at 6%, UWM is primed for a $260B refinance origination surge if rates drop, capitalizing on future macroeconomic shifts. Despite a 92% Ishbia family-owned float fueling volatility and short-seller noise, UWM's $2.5B cash pile and committed dividend policy offers investors a great buying opportunity.
UWM Holdings Corporation (NYSE:UWMC ) Q4 2024 Results Conference Call February 26, 2025 11:00 AM ET Company Participants Blake Kolo - Chief Business Officer & Head, Investor Relations Mathew Ishbia - Chairman & Chief Executive Officer Andrew Hubacker - Chief Financial Officer Conference Call Participants Terry Ma - Barclays Eric Hagen - BTIG Derek Sommers - Jefferies Bose George - KBW Brad Capuzzi - Piper Sandler Doug Harter - UBS Jeff Adelson - Morgan Stanley Mikhail Goberman - Citizens Operator Good morning. My name is Regina, and I will be your conference operator today.
Although the revenue and EPS for UWM (UWMC) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
UWM Holdings Corporation (UWMC) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.07. This compares to loss of $0.23 per share a year ago.