Guild Holdings reports Q3 adjusted EPS 75c, consensus 52c

Reports Q3 revenue $307.4M, consensus $311.28M. “Our team delivered another quarter of solid performance across both our retail origination and servicing platforms, demonstrating continued positive momentum and the successful execution of our balanced business model,” said Terry Schmidt, Guild Chief Executive Officer. “We continue to realize robust growth as we delivered strong year-over-year increases in adjusted net income, adjusted EBITDA, and adjusted return on average equity during the third quarter, while achieving 7% year-over-year growth in originations as we focus on our customer-for-life strategy. We remain well-positioned for continued growth as we expand our leading platform and work toward completing our pending transaction with Bayview.”