Fathom Holdings Inc reports results for the quarter ended in December - Earnings Summary

Fathom Holdings

14/03/2024 21:50

* Fathom Holdings Inc  FTHM.OQ  reported a quarterly
adjusted loss
of 50 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of -63 cents.  The mean expectation of
four analysts for the quarter was for a loss of 32 cents per
share. Wall Street expected results to range from -33 cents
to -31 cents per share.
    * Revenue fell 11.2% to $74.07 million from a year ago;
analysts
expected $80.97 million. 
    * Fathom Holdings Inc's reported EPS for the quarter was a
loss
of 50 cents​.
    * The company reported a quarterly loss of $8.44 million.
    * Fathom Holdings Inc shares had fallen by 27.6% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Fathom
Holdings
Inc is $6.00 

This summary was machine generated from LSEG data March 14 at
09:49 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.32          -0.50          Missed
 Sep. 30 2023      -0.28          -0.34          Missed
 Jun. 30 2023      -0.21          -0.27          Missed
 Mar. 31 2023      -0.33          -0.36          Missed