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Guild Holdings (GHLD)
NYSE:GHLD
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Earnings Data
Report Date
Mar 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.36Last Year’s EPS
$0.2Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2024
|% Change Since: 0.50%
|Next Earnings Date:Mar 06, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed sentiment. While Guild Holdings displayed strong growth in loan originations, profitability in its origination segment, and high customer satisfaction, it also faced challenges such as a net loss attributed to interest rate declines and a significant downward adjustment in MSR valuation. Despite these challenges, the company remains optimistic about future growth opportunities and strategic investments.Company Guidance
During the Guild Holdings Company Q3 2024 earnings call, the executives provided detailed financial guidance, highlighting several key metrics. The company reported adjusted net income of $31.7 million and achieved profitability in its origination segment with $6.9 billion in loan originations, marking a 6% increase from the previous quarter and a 59% rise year-over-year. Net revenue was $159 million, but the company experienced a net loss of $67 million primarily due to a $124 million downward valuation adjustment of mortgage servicing rights (MSRs) reflecting interest rate declines. Despite these challenges, Guild maintained a gain on sale margin of 333 basis points and a net promoter score of 95.4. For liquidity, cash and equivalents totaled $106 million, with unutilized loan funding and mortgage servicing lines of credit at $488 million and $295 million, respectively. The company remains optimistic about its growth prospects, supported by its strong retail origination business, strategic acquisitions, and robust organic recruiting. Looking ahead, Guild plans to continue expanding its market share through both organic growth and opportunistic acquisitions, while maintaining a focus on long-term customer relationships and leveraging technology to enhance operational efficiency.Significant Growth in Loan Origination
Guild Holdings achieved $6.9 billion in total loan originations in Q3 2024, marking a 6% sequential growth from Q2 and a 59% increase from the prior year.
Profitability in Origination Segment
The company reported a net income of $6 million in its origination segment, displaying resilience despite volatile market conditions.
Strong Customer Satisfaction
Guild Holdings achieved a net promoter score of 95.4 and became the most reviewed lender on Zillow with an average rating of 4.97 out of 5 stars.
Expansion of Affordable Lending Initiatives
The hiring of Nora Guerra from Freddie Mac to develop programs for attainable home ownership and the pilot outreach program in St. Louis highlight Guild’s commitment to community engagement.
Strategic Share Repurchases
Guild repurchased approximately 24,000 shares at an average price of $14.29 per share during Q3 2024, with $10.3 million remaining under the repurchase authorization.
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GHLD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GHLD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $14.00 | $14.50 | +3.57% |
| Aug 08, 2024 | $15.91 | $16.79 | +5.53% |
| May 09, 2024 | $13.93 | $14.50 | +4.09% |
| Mar 12, 2024 | $13.51 | $13.51 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Guild Holdings (GHLD) report earnings?
Guild Holdings (GHLD) is schdueled to report earning on Mar 06, 2025, TBA Not Confirmed.
What is Guild Holdings (GHLD) earnings time?
Guild Holdings (GHLD) earnings time is at Mar 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GHLD EPS forecast?
GHLD EPS forecast for the fiscal quarter 2024 (Q4) is $0.36.
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