Velocity Financial earnings were $67.6M for the trailing 12 months ending Dec 31, 2024, with 29.4% growth year over year. The latest VEL earnings report on Dec 31, 2024 announced Q4 2024 earnings of $20.3M, up 30.2% from last quarter. For the last reported fiscal year 2024 ending Dec 31, 2024, VEL reported annual earnings of $67.6M, with 31.2% growth.
VEL past earnings growth
How has VEL's earnings growth performed historically?
What were Velocity Financial's earnings last quarter?
On VEL's earnings call on Invalid Date, Velocity Financial (NYSE: VEL) reported Q4 2024 earnings per share (EPS) of $0.62, up 16.98% year over year. Total VEL earnings for the quarter were $20.33 million. In the same quarter last year, Velocity Financial's earnings per share (EPS) was $0.53.
As of the last Velocity Financial earnings report, Velocity Financial is currently profitable. Velocity Financial's net profit (also called net income) for the twelve months ending Dec 31, 2024 was $68.42 million, a 30.89% increase year over year.
What was VEL's earnings growth in the past year?
As of Velocity Financial's earnings date in Invalid Date, Velocity Financial's earnings has grown 29.38% year over year. This is 19.09 percentage points higher than the US Mortgage Finance industry earnings growth rate of 10.29%. VEL earnings in the past year totalled $67.59 million.
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