Walker & Dunlop Reports 19% Increase in Earnings per Share on Net Income of $41 Million

  • Aug. 1, 2018

Walker & Dunlop, Inc. (NYSE: WD) (the “Company”) reported second quarter 2018 net income of $41.1 million, or $1.28 per diluted share, an increase of 19% over the second quarter 2017 and the third most-profitable quarter in its history. Total revenues were $178.2 million, an increase of 7%, generating adjusted EBITDA of $50.0 million. The Company ended the second quarter with cash and short-term cash investments of $175.1 million and declared a $0.25 per share dividend for the third quarter 2018.

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