Home Point Capital GAAP EPS of $0.08 misses by $0.11, revenue of $158.2M beats by $20.86M

May 12, 2022 7:18 AM ETHome Point Capital Inc. (HMPT)By: Meghavi Singh, SA News Editor
  • Home Point Capital press release (NASDAQ:HMPT): Q1 GAAP EPS of $0.08 misses by $0.11.
  • Revenue of $158.2M (-51.2% Y/Y) beats by $20.86M.
  • Quarterly funded origination volume was $12.6 billion, compared to $29.4 billion in the first quarter of 2021, and $20.5 billion in the fourth quarter of 2021.
  • In the first quarter of 2022, we had 3,603 active broker partners, an increase of 3.5% from the fourth quarter and up over 24.1% from the prior year.
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