Guild Holdings Reports Q2 Earnings: Revenue $279.4M, EPS 43c

Guild Holdings reported Q2 EPS of $0.43, beating consensus estimates. Revenue was $279.4M, below consensus of $297.1M. The company's CEO, Terry Schmidt, attributed the strong performance to the retail origination and servicing platform, which showed a 44% QoQ and 15% YoY growth in origination. The company also reported its best adjusted net income, adjusted EBITDA, and adjusted return on average equity since 2021.

Guild Holdings Company (GHLD) has reported its second-quarter (Q2) 2025 earnings, exceeding market expectations. The company's non-GAAP earnings per share (EPS) of $0.66 beat the consensus estimate of $0.42, marking a significant 53.49% surprise [1]. This performance is a notable improvement over the same period last year, where EPS was $0.49.

Revenue for the quarter ended June 2025 stood at $279.4 million, which fell short of the Zacks Consensus Estimate of $297.1 million by 3.29% [1]. However, this revenue figure represents a year-over-year increase of 2.3% from $285.7 million in Q2 2024 [1].

The company's CEO, Terry Schmidt, attributed the strong performance to the retail origination and servicing platform, which showed a 44% quarter-over-quarter (QoQ) and 15% year-over-year (YoY) growth in origination [2]. This growth indicates a robust demand for mortgage services, particularly for retail purchase originations.

Guild Holdings also reported its best adjusted net income, adjusted EBITDA, and adjusted return on average equity since 2021. Adjusted net income for Q2 2025 was $41.4 million, compared to $30.7 million in Q2 2024 [2]. Adjusted EBITDA reached $58.0 million, up almost 60% from Q1 2025 [2]. The adjusted return on average equity rose to 13.7%, a significant improvement over the previous quarters [2].

The company also declared a special cash dividend of $0.25 per share and repurchased 61,221 shares, highlighting its commitment to shareholder value [2]. Additionally, the company's servicing portfolio unpaid principal balance increased to $96.3 billion as of June 30, 2025, from $89.1 billion in the same period last year [2].

Looking ahead, investors should closely monitor the impact of the upcoming merger with Bayview Asset Management on operations and management. The company has ceased hosting earnings calls as it moves toward being taken private [2]. Key themes to track include trends in purchase originations versus refis, the stability of servicing profitability, and the company’s ability to manage expenses.

Reference List:
[1] https://finance.yahoo.com/news/guild-holdings-company-ghld-q2-220002805.html
[2] https://www.nasdaq.com/articles/guild-ghld-q2-eps-jumps-57