Brief: Frontdoor Announces Q1 Results

frontdoor

08/05/2019 12:17

May 8 (Reuters) - Frontdoor Inc  FTDR.O :
    * FRONTDOOR ANNOUNCES FIRST QUARTER 2019 REVENUE INCREASE OF
10
PERCENT TO $271 MILLION GROSS PROFIT MARGIN IMPROVED 150 BASIS
POINTS TO 47 PERCENT
    * Q1 EARNINGS PER SHARE $0.15
    * Q1 REVENUE ROSE 10 PERCENT TO $271 MILLION
    * SEES FY 2019 REVENUE $1.36 BILLION TO $1.38 BILLION
    * CO INCREASING FY 2019 ADJUSTED EBITDA OUTLOOK TO BE IN
RANGE OF
$250 MILLION TO $260 MILLION
    * SEES FY 2019 CAPITAL EXPENDITURES REMAIN WITHIN A RANGE OF
$30
MILLION TO $40 MILLION
    * SEES SECOND-QUARTER 2019 ADJUSTED EBITDA ANTICIPATED TO
RANGE
FROM $75 MILLION TO $80 MILLION

Source text for Eikon:  ID:nBw754msta 
Further company coverage:  FTDR.O 

 (Reuters.Briefs@thomsonreuters.com)