Flagstar Financial Inc reports results for the quarter ended December 31 - Earnings Summary

Flagstar Bank, National Association

30/01/2025 14:31

* Flagstar Financial Inc  FLG.N  reported a quarterly
adjusted
loss of 34 cents​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of -81 cents.  The mean expectation of
fifteen analysts for the quarter was for a loss of 54 cents per
share. Wall Street expected results to range from -74 cents
to -33 cents per share.
    * Revenue fell 37.7% to $461.00 million from a year ago;
analysts
expected $482.34 million. 
    * Flagstar Financial Inc's reported EPS for the quarter was
a loss
of 41 cents​.
    * The company reported a quarterly loss of $168 million.
    * Flagstar Financial Inc shares had risen by 2.9% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 10.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 13
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for Flagstar
Financial Inc is $12.00 
This summary was machine generated from LSEG data January 30 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -0.54          -0.34          Beat
 Sep. 30 2024      -0.40          -0.69          Missed
 Jun. 30 2024      -0.42          -1.05          Missed
 Mar. 31 2024      -0.45          -0.75          Missed