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

Home Point Capital

12/05/2023 14:03

* Home Point Capital Inc  HMPT.OQ  reported a quarterly
adjusted
loss of 97 cents​​ per share for the quarter ended in March. The
mean expectation of eight analysts for the quarter was for a
loss of 10 cents per share.
    * Revenue rose 168% to $-107.50 million from a year ago;
analysts
expected $35.26 million. 
    * Home Point Capital Inc's reported EPS for the quarter was
a loss
of 97 cents​.
    * The mean earnings estimate of analysts had risen by
about 21.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Home Point Capital Inc shares had risen by 17.6% this
quarter and gained 65.7% so far this year.
    * The company reported a quarterly loss of $133.8 million.
    * Wall Street's median 12-month price target for Home Point
Capital Inc is $2.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
12 at 01:03 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.10          -0.97          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