Finance of America Companies Inc expected to post a loss of 2 cents a share - Earnings Preview

Finance of America Companies

06/05/2023 03:04

* Finance of America Companies Inc  FOA.N   FOA  is expected
to show a fall in quarterly revenue when it reports  results on
May 8. 
    * The Plano Texas-based  company is expected to report  a
47.1% decrease in revenue to $141.565 million from $267.43
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Finance of America
Companies Inc is for a loss of 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Finance of
America Companies Inc is $2.5​, above​ its last closing price
of $1.58. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.26       -0.14      -0.30     Missed  -108.7
 Sep. 30 2022  -0.09       -0.07      -0.10     Missed  -52.7
 Jun. 30 2022  0.09        0.10       -0.12     Missed  -221.8
                                                        ​
 Mar. 31 2022  0.23        0.23       0.20      Missed  -13.6
 ​​Dec.        0.29        0.30       -6.61     Missed  -2,290
 31 2021                                                .6
 Sep. 30 2021  0.26        0.23       0.22      Missed  -5.9​
 Jun. 30 2021  0.38        0.38       0.30      Missed  -21.5
 Mar. 31 2021  0.56        0.56       0.63      Beat    12.5
 This summary was machine generated May 6 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated