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

Fathom Holdings

13/08/2024 17:29

* Fathom Holdings Inc  FTHM.OQ  reported a quarterly
adjusted loss
of 22 cents​​ per share for the quarter ended in June, higher
than the same quarter last year, when the company reported EPS
of -27 cents.  The mean expectation of four analysts for the
quarter was for a loss of 21 cents per share. Wall Street
expected results to range from -25 cents to -16 cents per share.
    * Revenue fell 10.9% to $89.21 million from a year ago;
analysts
expected $87.86 million. 
    * Fathom Holdings Inc's reported EPS for the quarter was a
loss
of 7 cents​.
    * The company reported a quarterly loss of $1.29 million.
    * Fathom Holdings Inc shares had risen by 43.0% this
quarter and
lost 31.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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." 
    * The average consensus recommendation for the real estate
services peer group is also "buy"

Wall Street's median 12-month price target for Fathom Holdings
Inc is $3.38 
This summary was machine generated from LSEG data August 13 at
04:29 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
 Jan. 1 0001       -0.21          -0.22          Missed
 Mar. 31 2024      -0.25          -0.31          Missed
 Dec. 31 2023      -0.32          -0.50          Missed
 Sep. 30 2023      -0.28          -0.34          Missed