Recap: Home Point Capital Q1 Earnings

Home Point Capital HMPT reported its Q1 earnings results on Thursday, May 12, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Home Point Capital missed estimated earnings by 1350.0%, reporting an EPS of $-0.29 versus an estimate of $-0.02.

Revenue was down $263.80 million from the same period last year.

Last quarter the company missed on EPS by $0.16 which was followed by a 3.06% drop in the share price the next day.

Here's a look at Home Point Capital's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.07	0.03	0.05	0.75
EPS Actual	-0.09	0.11	-0.36	0.52
Revenue Estimate	176.28M	174.61M	224.68M	372.31M
Revenue Actual	180.50M	274.60M	84.40M	422.00M

To track all earnings releases for Home Point Capital visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.