Velocity Financial Q1 Adj. EPS $0.68 Beats $0.64 Estimate, Sales $86.877M Beat $53.819M Estimate
Velocity Financial (NYSE:VEL) reported quarterly earnings of $0.68 per share which beat the analyst consensus estimate of $0.64 by 6.25 percent. This is a 23.64 percent increase over earnings of $0.55 per share from the same period last year. The company reported quarterly sales of $86.877 million which beat the analyst consensus estimate of $53.819 million by 61.42 percent. This is a 25.76 percent increase over sales of $69.083 million the same period last year.
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