More on HFF's Q4 miss

• Q4 net income of $27.5M or $0.70 per share vs. $34.1M and $0.88 earned one year ago. Full-year EPS of $1.99 vs. $2.18 in 2015. A previously announced $1.57 per share special dividend is on the way.
• Q4 revenue of $155.7M down 7.9% Y/Y.
• CEO Mark Gibson: Some of 2016's headwinds may persist this year.
• Q4 transaction volume of $26.3B across 610 deals vs. $25.5B and 653 deals one year earlier.
• Loan servicing portfolio balance of $58B up 19.1% Y/Y.
• Company prepares for faster times ahead, boosting employment to 891 associates at year-end vs. 810 at the end of 2015.
• Conference call at 6 ET
• Previously: HFF misses by $0.07, misses on revenue (Feb. 23)
• HF flat after hours