Frontdoor Inc expected to post earnings of 3 cents a share - Earnings Preview

frontdoor

26/02/2024 14:21

* Frontdoor Inc  FTDR.OQ   FTDR.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 28 for
the period ending December 31 2023
    * The Memphis Tennessee-based  company is expected to report
a
5.9% increase in revenue to $358.951 million from $339 million a
year ago, according to the mean estimate from 7 analysts, based
on LSEG data.The company's guidance on November 1 2023, for the
period ended December 31, was for revenue between $350.00
million and $360.00 million. (Sales/Revenue Majority Basis is on
Total revenue)
    * ​LSEG's mean analyst estimate for Frontdoor Inc is for
earnings
of 3 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"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
$44.00​, above​ its last closing price of $32.98. ​​​

The company's guidance on November 1 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD350 million and
USD30 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  
 Sep. 30 2023  0.55        0.54       0.94      Beat    73
 Jun. 30 2023  0.56        0.55       0.87      Beat    57.2
 Mar. 31 2023  0.09        0.08       0.29      Beat    256.1​
 Dec. 31 2022  -0.11       -0.11      0.13      Beat    221.3
 ​​Sep.        0.45        0.45       0.56      Beat    24.8
 30 2022                                                
 Jun. 30 2022  0.55        0.56       0.53      Missed  -5.1​
 Mar. 31 2022  0.09        0.09       0.04      Missed  -57.1
 Dec. 31 2021  0.21        0.20       0.10      Missed  -50.4
 This summary was machine generated February 26 at 14:21 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)