Frontdoor Inc reports results for the quarter ended in June - Earnings Summary

frontdoor

01/08/2024 14:33

* Frontdoor Inc  FTDR.OQ  reported quarterly adjusted
earnings of
$1.27​​ per share for the quarter ended in June, higher than the
same quarter last year, when the company reported EPS of 87
cents.  The mean expectation of six analysts for the quarter was
for earnings of $1.00 per share. Wall Street expected results to
range from 96 cents to $1.04 per share.
    * Revenue rose 3.6% to $542.00 million from a year ago;
analysts
expected $536.74 million. 
    * Frontdoor Inc's reported EPS for the quarter was $1.18​.
    * The company reported quarterly net income of $92 million.
    * Frontdoor Inc shares had risen by 16.8% this quarter and
gained 12.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the personal
services
peer group is  "hold."

Wall Street's median 12-month price target for Frontdoor Inc is
$44.50 
This summary was machine generated from LSEG data August 1 at
01:32 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
 Jun. 30 2024      1.00           1.27           Beat
 Mar. 31 2024      0.20           0.44           Beat
 Dec. 31 2023      0.03           0.20           Beat
 Sep. 30 2023      0.54           0.94           Beat