Frontdoor Inc expected to post earnings of $1.00 a share - Earnings Preview

frontdoor

30/07/2024 19:59

* Frontdoor Inc  FTDR.OQ   FTDR.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 1 for the
period ending June 30 2024
    * The Memphis Tennessee-based  company is expected to report
a
2.6% increase in revenue to $536.74 million from $523 million a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.The company's guidance on May 2 2024, for the
period ended June 30, was for revenue between $530.00 million
and $540.00 million. (Sales/Revenue Majority Basis is on Total
revenue)
    * ​LSEG's mean analyst estimate for Frontdoor Inc is for
earnings
of $1.00 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Frontdoor
Inc is
$44.50​, above​ its last closing price of $39.53. ​​​

The company's guidance on May 2 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD530 million and USD140 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.20        0.20       0.44      Beat    118.2
 Dec. 31 2024  0.03        0.03       0.20      Beat    566.7
 Sep. 30 2023  0.55        0.54       0.94      Beat    73​
 Jun. 30 2023  0.56        0.55       0.87      Beat    57.2
 ​​Mar.        0.09        0.08       0.29      Beat    256.1
 31 2023                                                
 Dec. 31 2022  -0.11       -0.11      0.13      Beat    221.3​
 Sep. 30 2022  0.45        0.45       0.56      Beat    24.8
 Jun. 30 2022  0.55        0.56       0.53      Missed  -5.1
 This summary was machine generated July 30 at 18:59 GMT.  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)