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

frontdoor

28/02/2024 16:51

* 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 6.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

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
$44.00 
This summary was machine generated from LSEG data February 28 at
04:51 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
 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