HMPT - Home Point Capital GAAP EPS of -$0.27 misses by $0.06 revenue of $19.2M misses by $33.99M
2023-03-09 06:34:52 ET
- Home Point Capital press release ( NASDAQ: HMPT ): Q4 GAAP EPS of -$0.27 misses by $0.06 .
- Revenue of $19.2M (-89.4% Y/Y) misses by $33.99M .
- Quarterly funded origination volume was $1.7 billion, compared to $20.5 billion in the fourth quarter of 2021, and $4.1 billion in the third quarter of 2022.
- Broker Partners of 9,259 as of December 31, 2022 increased by 1,247 from the fourth quarter of 2021, and increased by 143 from the third quarter of 2022.
- It had 1,658 active broker partners In the fourth quarter of 2022.
- Servicing customers of 315,478, down 25.9% from the fourth quarter of 2021, and down 4.8% compared to the third quarter of 2022.
- Servicing portfolio UPB totaled $88.7 billion as of December 31, 2022, down 30.9% from the fourth quarter of 2021, and down 5.8% from the third quarter of 2022.
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Home Point Capital GAAP EPS of -$0.27 misses by $0.06, revenue of $19.2M misses by $33.99M