Home Point Capital Inc expected to post a loss of 2  cents a share - Earnings Preview

Home Point Capital

10/05/2022 17:32

* Home Point Capital Inc  HMPT.OQ   HMPT.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 12. 
    * The Ann Arbor Michigan-based  company is expected to
report  a
68.2% decrease in revenue to $134.254 million from $422 million
a year ago, according to the mean estimate from 8 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Home Point Capital
Inc is
for a loss of 2 cents per share. For the same quarter last year,
the company reported earnings of $1.06 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and 3 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 35.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Home Point
Capital Inc is $4​, above​ its last closing price of $3.55. ​​​
    * 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 2021  0.08        0.09       0.14      Beat    57
 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
 ​​Dec.        1.20        1.20       1.22      Beat    1.7
 31 2020                                                
                                                        ​
 This summary was machine generated May 10 at 16:32 GMT.  All
figures in US dollars  unless otherwise stated