The earnings call reflects a positive outlook with significant growth in transaction volumes and key metrics. However, there are challenges related to declines in adjusted metrics and certain revenue streams due to external factors like interest rates.

Company Guidance -

Q3 2025

During the Walker & Dunlop Second Quarter 2025 Earnings Call, the company reported significant growth in various metrics, highlighting their strong market position and strategic initiatives. Total transaction volume reached $14 billion, marking a 65% increase from Q2 2024 and doubling the volume from the first quarter of 2025. This growth drove an 18% increase in revenue and a 48% rise in diluted earnings per share to $0.99. Despite a 5% decline in adjusted EBITDA and a 7% drop in adjusted core EPS due to a decrease in short-term rates, the company emphasized the importance of noncash mortgage servicing rights, which are expected to boost future cash flows. The multifamily sector saw record absorption, with 227,000 units absorbed in Q2 2025, driven by a 2.7% increase in renter households. Walker & Dunlop's brokered debt volume grew by 64% year-over-year to $6.3 billion, and GSE lending volume increased to $4.9 billion, the highest in 11 quarters. The company maintained a strong servicing portfolio of $137 billion, with a focus on expanding its affordable housing platform. As they continue to leverage technology and expand internationally, particularly in Europe, Walker & Dunlop remains poised for further growth in the evolving commercial real estate market.

Significant Increase in Transaction Volume

Q2 total transaction volume reached $14 billion, up 65% from Q2 2024 and more than double that of Q1 2025.

Revenue and Earnings Growth

Revenue increased by 18% and diluted EPS grew by 48% year-over-year, driven by significant transaction volume and economies of scale.

Multifamily Sector Performance

Record absorption of 227,000 units in Q2 2025 and 794,000 over the past year, with 2.7% growth in renter households.

Growth in Capital Markets Segment

Debt financing volume increased by 68% and property sales volume by 51% year-over-year, leading to a 46% growth in segment revenue.

Expansion of Technology-Enabled Businesses

Appraisal revenues increased by 61% and small balance lending revenue by 99% in Q2.

Walker & Dunlop (WD) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

WD Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	1.14 / -	0.85	―	―	―
Aug 07, 2025	2025 (Q2)	0.72 / 0.99	0.67	47.76% (+0.32)
May 01, 2025	2025 (Q1)	0.61 / 0.08	0.35	-77.14% (-0.27)
Feb 13, 2025	2024 (Q4)	1.23 / 1.32	0.93	41.94% (+0.39)
Nov 07, 2024	2024 (Q3)	0.98 / 0.85	1.11	-23.42% (-0.26)
Aug 08, 2024	2024 (Q2)	0.77 / 0.67	0.98	-31.63% (-0.31)
May 02, 2024	2024 (Q1)	0.54 / 0.35	1.17	-70.09% (-0.82)
Feb 15, 2024	2023 (Q4)	0.90 / 0.93	1.24	-25.00% (-0.31)
Nov 09, 2023	2023 (Q3)	1.23 / 1.11	1.4	-20.71% (-0.29)
Aug 03, 2023	2023 (Q2)	0.92 / 0.98	1.61	-39.13% (-0.63)

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

WD Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$74.88	$79.27	+5.86%
May 01, 2025	$75.24	$72.80	-3.24%
Feb 13, 2025	$88.73	$84.03	-5.30%
Nov 07, 2024	$109.44	$107.59	-1.69%

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.

FAQ

When does Walker & Dunlop (WD) report earnings?

Walker & Dunlop (WD) is schdueled to report earning on Nov 06, 2025, Before Open (Confirmed).

What is Walker & Dunlop (WD) earnings time?

Walker & Dunlop (WD) earnings time is at Nov 06, 2025, Before Open (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 WD EPS forecast?

WD EPS forecast for the fiscal quarter 2025 (Q3) is 1.14.

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