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

Home Point Capital

09/03/2023 14:31

* Home Point Capital Inc  HMPT.OQ  reported a quarterly
adjusted
loss of 27 cents​​ per share for the quarter ended in December.
The mean expectation of nine analysts for the quarter was for a
loss of 20 cents per share.
    * Revenue fell 89.4% to $19.20 million from a year ago;
analysts
expected $51.47 million. 
    * Home Point Capital Inc's reported EPS for the quarter was
a loss
of 27 cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Home Point Capital Inc shares had risen by 37.2% this
quarter.
    * The company reported a quarterly loss of $36.8 million.
    * Wall Street's median 12-month price target for Home Point
Capital Inc is $1.63 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"hold" and 3 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 9 at 02:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.20          -0.27          Missed
 Sep. 30 2022      -0.21          -0.68          Missed
 Jun. 30 2022      -0.05          -0.32          Missed
 Mar. 31 2022      -0.02          0.08           Beat