Home Point Capital Inc reports results for the quarter ended in December - Earnings Summary

Home Point Capital

24/02/2022 16:55

* Home Point Capital Inc  HMPT.OQ  reported quarterly
adjusted
earnings of 14 cents​​ per share for the quarter ended in
December. The mean expectation of ten analysts for the quarter
was for earnings of 9 cents per share.
    * Revenue fell 60.3% to $180.50 million from a year ago; 
analysts
expected $178.47 million. 
    * Home Point Capital Inc's reported EPS for the quarter was
14
cents​.
    * The mean earnings estimate of analysts had risen by
about 58% in
the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Home Point Capital Inc shares had fallen by 18.7% this
quarter.
    * The company reported quarterly net income of $19.3
million.
    * Wall Street's median 12-month price target for Home Point
Capital Inc is $5.50 
    * 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." 

This summary was machine generated February 24 at 04:54 p.m.
 ​All figures in US dollars unless otherwise stated