Fathom Holdings Inc reports results for the quarter ended September 30 - Earnings Summary

Fathom Holdings

08/11/2024 21:08

* Fathom Holdings Inc  FTHM.OQ  reported a quarterly
adjusted loss
of 25 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of -34 cents.  The mean expectation of
four analysts for the quarter was for a loss of 12 cents per
share. Wall Street expected results to range from -22 cents
to -3 cents per share.
    * Revenue fell 10.5% to $83.73 million from a year ago;
analysts
expected $91.80 million. 
    * Fathom Holdings Inc's reported EPS for the quarter was a
loss
of 40 cents​.
    * The company reported a quarterly loss of $8.12 million.
    * Fathom Holdings Inc shares had fallen by 8.1% this
quarter and
lost 33.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 27.3%
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 $3.38 
This summary was machine generated from LSEG data November 8 at
09:07 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
 Sep. 30 2024      -0.12          -0.25          Missed
 Jun. 30 2024      -0.21          -0.22          Missed
 Mar. 31 2024      -0.25          -0.31          Missed
 Dec. 31 2023      -0.32          -0.50          Missed