Walker & Dunlop, Inc. Q2 Income Advances 59%

(RTTNews) - Walker & Dunlop, Inc. (WD) released a profit for its second quarter that increased from last year.

The company said its bottom line came in at $32.02 million, or $1.05 per share. This was up from $20.15 million, or $0.67 per share, in last year's second quarter.

Analysts had expected the company to earn $0.69 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 29.8% to $147.86 million. This was up from $113.93 million last year.

Walker & Dunlop, Inc. earnings at a glance:

-Earnings (Q2): $32.02 Mln. vs. $20.15 Mln. last year. -Earnings Growth (Y-o-Y): 58.9% -EPS (Q2): $1.05 vs. $0.67 last year. -EPS Growth (Y-o-Y): 56.7% -Analysts Estimate: $0.69 -Revenue (Q2): $147.86 Mln vs. $113.93 Mln last year. -Revenue Change (Y-o-Y): 29.8%