Home Point Capital Inc expected to post earnings of 7  cents a share - Earnings Preview

Home Point Capital

22/02/2022 19:35

* Home Point Capital Inc  HMPT.OQ   HMPT.O  is expected
to show a
fall in quarterly revenue when it reports  results on February
24. 
    * The Ann Arbor Michigan-based  company is expected to
report  a
61.3% decrease in revenue to $176.281 million from $455.1
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 earnings of 7 cents per share. For the same quarter last
year, the company reported earnings of $1.22 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"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 $5.5​, about 26.7% above​ its last closing price
of $4.03. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2020  1.20        1.20       1.22      Beat    1.7
 ​​                                                     
                                                        ​
 This summary was machine generated February 22 at 19:34 GMT. 
All figures in US dollars  unless otherwise stated