Finance of America Companies Inc expected to post a loss of 7 cents a share - Earnings Preview

Finance of America Companies

26/10/2022 03:03

* Finance of America Companies Inc  FOA.N   FOA  is expected
to show a fall in quarterly revenue when it reports  results on
October 27 (estimated). 
    * The Plano Texas-based  company is expected to report  a
45.4% decrease in revenue to $249.28 million from $456.5 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Finance of America
Companies Inc is for a loss of 7 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"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 $3​, above​ its last closing price
of $1.53. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.29        0.30       -6.61     Missed  -2,290
                                                        .6​
 Sep. 30 2021  0.26        0.23       0.22      Missed  -5.9
 ​​Jun.        0.38        0.38       0.30      Missed  -21.5
 30 2021                                                
 Mar. 31 2021  0.56        0.56       0.63      Beat    12.5​
 This summary was machine generated October 26 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated