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

frontdoor

01/11/2023 13:33

* Frontdoor Inc  FTDR.OQ  reported quarterly adjusted
earnings of
94 cents​​ per share for the quarter ended in September, higher
than the same quarter last year, when the company reported EPS
of 56 cents.  The mean expectation of seven analysts for the
quarter was for earnings of 54 cents per share. Wall Street
expected results to range from 48 cents to 58 cents per share.
    * Revenue rose 8.3% to $524.00 million from a year ago;
analysts
expected $512.98 million. 
    * Frontdoor Inc's reported EPS for the quarter was 89
cents​.
    * The company reported quarterly net income of $71 million.
    * Frontdoor Inc shares had fallen by 5.4% this quarter and
gained 39.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 6.5%
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 "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the personal
services
peer group is also "hold"

Wall Street's median 12-month price target for Frontdoor Inc is
$42.00 
This summary was machine generated from LSEG data November 1 at
01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.54           0.94           Beat
 Jun. 30 2023      0.55           0.87           Beat
 Mar. 31 2023      0.08           0.29           Beat
 Dec. 31 2022      -0.11          0.13           Beat