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Recap: Finance of America Q4 Earnings

Benzinga ·  Mar 6 16:40

Finance of America (NYSE:FOA) reported its Q4 earnings results on Wednesday, March 6, 2024 at 04:21 PM.

Here's what investors need to know about the announcement.

Earnings

Finance of America missed estimated earnings by -12.0%, reporting an EPS of $-0.09 versus an estimate of $-0.08.

Revenue was up $182.15 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.08 which was followed by a 28.000000000000004% drop in the share price the next day.

Here's a look at Finance of America's past performance:

QuarterQ3 2023Q2 2023Q1 2023Q4 2022
EPS Estimate-0.030.02-0.02-0.14
EPS Actual-0.11-0.12-0.08-0.30
Revenue Estimate117.50M127.75M141.56M142.61M
Revenue Actual-70M-111M140.85M93.59M

To track all earnings releases for Finance of America visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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