How did VEL's Q4 earnings surprise impact its annual performance?

Velocity Financial's (VEL) Q4 earnings surprise had a positive impact on its annual performance, with the company reporting a net income of $68.47 million for the fiscal year 2024. The Q4 earnings surprise, which was $0.09 per share, likely contributed to the strong annual results by providing an additional boost to the company's profitability. |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |VEL|VEL.N|Velocity Financial|2024 Q1|61.447466467958265|1.7333E7|169| |VEL|VEL.N|Velocity Financial|2024 Q2|20.364915725740467|1.4711E7|169| |VEL|VEL.N|Velocity Financial|2024 Q3|28.334292053578764|1.5617E7|169| |VEL|VEL.N|Velocity Financial|2024 Q4|21.191821518028775|2.0805E7|169|