Finance of America Companies Inc expected to post a loss of 6 cents a share - Earnings Preview

Finance of America Companies

04/05/2024 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 6 for the period ending March 31 2024
    * The Plano Texas-based  company is expected to report a
56.0% decrease in revenue to $61.97 million from $140.86 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Finance of America
Companies
Inc is for a loss of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"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 $1.75​, above​ its last closing price
of $0.54. ​​​

This summary was machine generated May 4 at 02:04 GMT.  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)