Finance of America Companies Inc reports results for the quarter ended in June - Earnings Summary

Finance of America Companies

05/08/2022 15:36

* Finance of America Companies Inc  FOA.N  reported
quarterly
adjusted earnings of 12 cents​​ per share for the quarter ended
in June. The mean expectation of four analysts for the quarter
was for earnings of 10 cents per share.
    * Revenue fell 63.7% to $141.12 million from a year ago;
analysts
expected $323.25 million. 
    * Finance of America Companies Inc's reported EPS for the
quarter
was a loss of 70 cents​.
    * The mean earnings estimate of analysts had fallen by
about 60.2%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Finance of America Companies Inc shares had risen by 25.5%
this
quarter and lost 50.4% so far this year.
    * The company reported a quarterly loss of $168 million.
    * Wall Street's median 12-month price target for Finance of
America Companies Inc is $3.75 
    * 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." 

This summary was machine generated from Refinitiv data August 5
at 02:36 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.10           0.12           Beat
 Mar. 31 2022      0.23           0.20           Missed
 Dec. 31 2021      0.30           -6.61          Missed
 Sep. 30 2021      0.23           0.22           Missed