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. The next VEL earnings date is Apr 30, 2025.
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.
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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 15.19 percentage points higher than the US Mortgage Finance industry earnings growth rate of 14.19%. VEL earnings in the past year totalled $67.59 million.
Is Velocity Financial profitable or losing money?
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.
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