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

Home Point Capital

11/08/2022 14:33

* Home Point Capital Inc  HMPT.OQ  reported a quarterly
adjusted
loss of 32 cents​​ per share for the quarter ended in June. The
mean expectation of ten analysts for the quarter was for a loss
of 5 cents per share.
    * Revenue fell 17.1% to $70.00 million from a year ago;
analysts
expected $113.31 million. 
    * Home Point Capital Inc's reported EPS for the quarter was
a loss
of 32 cents​.
    * The mean earnings estimate of analysts had fallen by
about 555.3% in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Home Point Capital Inc shares had fallen by 5.6% this
quarter and lost 17.8% so far this year.
    * The company reported a quarterly loss of $44.4 million.
    * Wall Street's median 12-month price target for Home Point
Capital Inc is $3.50 
    * 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." 

This summary was machine generated from Refinitiv data August 11
at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.05          -0.32          Missed
 Mar. 31 2022      -0.02          0.08           Beat
 Dec. 31 2021      0.09           0.14           Beat
 Sep. 30 2021      0.03           0.51           Beat