Guild Holdings reports Q4 adjusted EPS 20c, consensus 14c

Reports Q4 revenue $57.2M vs $257.3M last quarter. “We have continued to leverage the strength of our platform to grow market share as we execute on our strategy that is focused on the purchase market,” stated Terry Schmidt, Guild Holdings Chief Executive Officer. “We are proud to be a lender of choice in the communities across the country that we serve by providing creative solutions for homebuyers seeking to finance their homes in this higher rate environment. As we look forward, we are encouraged by the market stabilization that is emerging, but anticipate a more muted environment in the near term, particularly in the seasonally slower first quarter.”