Finance of America Q3 revenue misses, adjusted EPS beats

Finance of America Companies

04/11/2025 21:42

Overview

Finance of America Q3 revenue missed analyst expectations

Adjusted EPS for Q3 beats consensus, driven by origination gains and fee income

Company announces strategic partnership with Better.com to expand product offerings

Outlook

Company did not provide specific future guidance

Result Drivers

MODEL ASSUMPTIONS - Q3 net loss attributed to changes in model assumptions related to home price appreciation

ORIGINATION GAINS - Adjusted net income improved due to origination gains and fee income

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$81 mln
$101.90 mln (1 Analyst)
Q3 Adjusted EPS
Beat
$1.33
$0.67 (1 Analyst)
Q3 EPS
-$1.22
Q3 Adjusted Net Income
Beat
$33 mln
$18.60 mln (1 Analyst)
Q3 Adjusted EBITDA
$55 mln


Analyst Coverage

The one available analyst rating on the shares is "hold"

The average consensus recommendation for the investment management & fund operators peer group is "buy."

Wall Street's median 12-month price target for Finance of America Companies Inc is $32.00, about 30.6% above its November 3 closing price of $22.21

The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release: ID:nBw9V9FVva

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)