Home Point Capital Inc expected to post a loss of 5  cents a share - Earnings Preview

Home Point Capital

09/08/2022 14:33

* Home Point Capital Inc  HMPT.OQ   HMPT.O  is expected
to show a
rise in quarterly revenue when it reports  results on August
11. 
    * The Ann Arbor Michigan-based  company is expected to
report  a
34.3% increase in revenue to $113.308 million from $84.4 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Home Point Capital
Inc is
for a loss of 5 cents per share. For the same quarter last year,
the company reported a loss of 52 cents 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Home Point
Capital Inc is $3.5​, below​ its last closing price of $3.85.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.01       -0.02      0.08      Beat    584.8
 Dec. 31 2022  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.        0.73        0.75       1.06      Beat    40.9
 31 2021                                                
 Dec. 31 2020  1.20        1.20       1.22      Beat    1.7​
 This summary was machine generated August 9 at 13:33 GMT.  All
figures in US dollars  unless otherwise stated