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

Finance of America Companies

09/05/2023 19:07

* Finance of America Companies Inc  FOA.N  reported a
quarterly
adjusted loss of 8 cents​​ per share for the quarter ended in
March. The mean expectation of four analysts for the quarter was
for a loss of 2 cents per share.
    * Revenue fell 47.3% to $140.86 million from a year ago;
analysts
expected $141.57 million. 
    * Finance of America Companies Inc's reported EPS for the
quarter
was 22 cents​.
    * The mean earnings estimate of analysts had fallen by
about 172.5% in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Finance of America Companies Inc shares had risen by 29.0%
this
quarter and gained 26.0% so far this year.
    * The company reported quarterly net income of $3.05
million.
    * Wall Street's median 12-month price target for Finance of
America Companies Inc is $2.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
9 at 06:07 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.02          -0.08          Missed
 Dec. 31 2022      -0.14          -0.30          Missed
 Sep. 30 2022      -0.07          -0.10          Missed
 Jun. 30 2022      0.10           -0.12          Missed