Guild Holdings Company Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

EARNINGS (LOSS) PER SHARE

EARNINGS (LOSS) PER SHARE

9 Months Ended

Sep. 30, 2025

Basic earnings or loss per share is computed based on the weighted average number of shares of Class A and Class B common stock outstanding during the period. Diluted earnings or loss per share is computed based on the weighted average number of shares plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include restricted stock grants for Class A common stock.

The following table sets forth the components of basic and diluted earnings per share for the periods presented:


(in thousands, except per share amounts)	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
Net income (loss) attributable to Guild	$	33,326	$	(66,892)	$	28,090	$	(811)

Weighted average shares outstanding—Class A common stock	21,920		21,057		21,778		20,946
Weighted average shares outstanding—Class B common stock	40,333		40,333		40,333		40,333
Weighted average shares outstanding—Basic	62,253		61,390		62,111		61,279

Add: dilutive effects of unvested shares of restricted stock	561		—		515		—
Weighted average shares outstanding—Diluted	62,814		61,390		62,626		61,279

Earnings (loss) per share attributable to Class A and Class B common stock:
Basic	$	0.54	$	(1.09)	$	0.45	$	(0.01)
Diluted	$	0.53	$	(1.09)	$	0.45	$	(0.01)

Approximately 1.2 million and 1.1 million potential shares of Class A common stock related to unvested restricted stock grants were excluded from the calculation of diluted loss per share as a result of being anti-dilutive for the three and nine months ended September 30, 2024. No shares of Class A common stock were excluded from the calculation of earnings per share as a result of being anti-dilutive for the three and nine ended September 30, 2025.