Previous close | 0.2500 |
Open | 0.3500 |
Bid | 0.0000 |
Ask | 0.5000 |
Strike | 22.50 |
Expiry date | 2024-05-17 |
Day's range | 0.2500 - 0.3500 |
Contract range | N/A |
Volume | |
Open interest | 130 |
WESTLAKE VILLAGE, Calif., May 02, 2024--Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company), a leader in business purpose loans, reported net income of $17.3 million and core net income of $18.2 million for 1Q24, compared to net income of $10.6 million and core net income of $11.4 million for 1Q23. Earnings and core earnings per diluted share were $0.49 and $0.51, respectively, for 1Q24, compared to $0.31 and $0.33 for 1Q23.
WESTLAKE VILLAGE, Calif., April 17, 2024--Velocity Financial, Inc. (NYSE:VEL) ("Velocity" or "Company"), a leader in commercial investor loans, will release its first quarter 2024 results after the market close on Thursday, May 2, 2024. Velocity’s executive management team will host a conference call and webcast to review its financial results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day.
Velocity Financial (VEL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.