Fastest Growing Public Mortgage Firms

FORTUNE’s latest list of the fastest-growing publicly traded companies is out, and there are several mortgage-related firms — mostly banks — that made the cut this year.

At the top of the ranking for all industries was Rolling Hills Estates, California-based Natural Health Trends, a multilevel marketer of beauty products and nutritional supplements.

The rankings factor in the revenue-growth rate, earnings-per-share growth rate and the annualized total return for the three years ended June 30, 2016, according to FORTUNE.

From:: Financing

Synnex shares fall as earnings outlook misses Street view

Synnex Corp. shares fell in the extended session Thursday after the business process services company’s earnings outlook fell short of Wall Street estimates. Synnex shares fell 8% after hours, following a 3.5% gain to close at $118.40 in the regular session. For the second fiscal quarter, Synnex estimates adjusted earnings of $2.25 to $2.35 a share on revenue of $4.58 billion to $4.78 billion. Analysts expect earnings of $2.41 a share on revenue of $4.75 billion. The company reported fiscal first-quarter net income of $24.4 million, or 61 cents a share, compared with $61.8 million, or $1.54 a share, in the year-ago period. Adjusted earnings were $2.14 a share. Revenue rose to $4.55 billion from $3.52 billion in the year-ago period. Analysts surveyed by FactSet had estimated $2.11 a share on revenue of $4.47 billion.

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From:: Stock Market News

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