Home Point Capital Inc expected to post a loss of 10 cents a share - Earnings Preview

Home Point Capital

08/05/2023 19:31

* Home Point Capital Inc  HMPT.OQ   HMPT.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 10
(estimated). 
    * The Ann Arbor Michigan-based  company is expected to
report  a
77.7% decrease in revenue to $35.258 million from $158.2 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Home Point Capital
Inc is
for a loss of 10 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"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 Home Point
Capital Inc is $2​, above​ its last closing price of $1.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.23       -0.20      -0.27     Missed  -32.7
 Sep. 30 2022  -0.19       -0.21      -0.68     Missed  -218.8
 Jun. 30 2022  -0.04       -0.05      -0.32     Missed  -582.3
                                                        ​
 Mar. 31 2022  -0.01       -0.02      0.08      Beat    584.8
 ​​Dec.        0.08        0.09       0.14      Beat    57
 31 2021                                                
 Sep. 30 2021  0.05        0.03       0.51      Beat    1,488.
                                                        8​
 Jun. 30 2021  0.05        0.05       -0.52     Missed  -1,201
                                                        .7
 Mar. 31 2021  0.73        0.75       1.06      Beat    40.9
 This summary was machine generated May 8 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated