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

Fathom Holdings

10/05/2024 24:15

* Fathom Holdings Inc  FTHM.OQ  reported a quarterly
adjusted loss
of 31 cents​​ per share for the quarter ended in March, higher
than the same quarter last year, when the company reported EPS
of -36 cents.  The mean expectation of four analysts for the
quarter was for a loss of 25 cents per share. Wall Street
expected results to range from -27 cents to -24 cents per share.
    * Revenue fell 9.1% to $70.50 million from a year ago;
analysts
expected $82.63 million. 
    * Fathom Holdings Inc's reported EPS for the quarter was a
loss
of 31 cents​.
    * The company reported a quarterly loss of $5.93 million.
    * Fathom Holdings Inc shares had fallen by 27.1% this
quarter and
lost 59.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 5.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

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 $4.50 
This summary was machine generated from LSEG data May 9 at 11:14
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
 Mar. 31 2024      -0.25          -0.31          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