Finance of America Companies (FOA) to Release Quarterly Earnings on Wednesday

Posted by Andrew Walz on Nov 4th, 2024

Finance of America Companies (NYSE:FOA – Get Free Report) is scheduled to post its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect Finance of America Companies to post earnings of $0.13 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Finance of America Companies (NYSE:FOA – Get Free Report) last announced its earnings results on Tuesday, August 6th. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.20) by $0.15. The firm had revenue of $79.04 million during the quarter, compared to analyst estimates of $66.00 million. During the same quarter in the previous year, the business earned ($0.15) earnings per share. On average, analysts expect Finance of America Companies to post $0 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Finance of America Companies Stock Down 0.2 %

FOA stock opened at $12.21 on Monday. The company has a debt-to-equity ratio of 71.55, a current ratio of 2.83 and a quick ratio of 2.83. The firm has a market capitalization of $121.20 million, a P/E ratio of -3.70 and a beta of 1.07. Finance of America Companies has a 52-week low of $4.10 and a 52-week high of $14.31. The company’s 50 day simple moving average is $10.49 and its 200-day simple moving average is $7.74.

Wall Street Analyst Weigh In

Separately, UBS Group cut their target price on shares of Finance of America Companies from $15.00 to $14.00 and set a “buy” rating on the stock in a research note on Thursday, September 5th.

View Our Latest Stock Report on Finance of America Companies

About Finance of America Companies

(Get Free Report)

Finance of America Companies Inc a financial service holding company, through its subsidiaries, engages in the operation of a retirement solutions platform in the United States. It operates through two segments: Retirement Solutions and Portfolio Management. The Retirement Solutions segment engages in the loan origination activities comprising home equity conversion, proprietary reverse, and hybrid mortgage loans for senior homeowners.