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Finance of America Companies Inc. (FOA) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-08-06 22:56
Finance of America Companies Inc. (FOA) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $1.20 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 75%. A quarter ago, it was expected that this company would post a loss of $0.60 per share when it actually produced a loss of $0.30, delivering a surprise of 50%. Over the last four quarters, the company ...
Finance of America panies (FOA) - 2024 Q2 - Earnings Call Presentation
2024-08-06 22:11
A FINANCE of AMERICA - C O M P A N I E S - Q2 2024 Investor Supplement LAST UPDATED 08.06.2024 © 2024 Finance of America Companies Disclaimer Forward-Looking Statements This presentation includes "froward-kooking statements" within the meaning of the "sate halrov" provisions of the U.S. Private Securities Libgation Reform Act of 1995. For statements of current conclilions, but instead represent only the Company's beliefs regarding trumers, many of which, by their nabre, are inherently uncertain and ou kide ...
Finance of America panies (FOA) - 2024 Q2 - Earnings Call Transcript
2024-08-06 22:10
Finance of America Companies Inc. (NYSE:FOA) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Michael Fant - SVP, Finance Graham Fleming – CEO Kristen Sieffert – President Matt Engel - CFO Conference Call Participants Douglas Harter – UBS Stephen Laws - Raymond James Operator Good day everyone, and welcome to the Finance of America Second Quarter 2024 Earnings Call. [Operator Instructions]. At this time, I would like to handover the call to Michael Fant, please go ahead sir. M ...
Finance of America panies (FOA) - 2024 Q2 - Quarterly Results
2024-08-06 20:04
FINANCE OF AMERICA REPORTS SECOND QUARTER 2024 RESULTS – Net loss from continuing operations of $5 million or $0.20 basic loss per share for the quarter – – Announced Exchange Offer Support Agreement and reverse stock split – – Adjusted EBITDA for the quarter of $9 million – Plano, Texas (August 6, 2024): Finance of America Companies Inc. ("Finance of America" or the "Company") (NYSE: FOA), a leading provider of home equity-based financing solutions for a modern retirement, reported financial results for th ...
Voxtur Shareholders for Accountability File Information Document and Nominate Alternative Directors for Company's Upcoming Annual and Special Meeting
Prnewswire· 2024-06-19 12:01
do not provide any voting instructions for setting the number of directors at four (i.e., do not check either of the "for" or "against" boxes); and otherwise properly complete, sign, date and return your form of proxy or voting instruction form (either by registered mail or courier, facsimile, or via the Internet) by carefully following the instructions provided on your form of proxy or voting instruction form. You cannot vote by telephone if you want to support the Shareholder Nominees. Please also send a ...
Finance of America panies (FOA) - 2024 Q1 - Quarterly Report
2024-05-10 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ FORM 10-Q _________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40308 _________________________ FINANCE OF AMERICA COMPANIES INC. (Exact nam ...
Finance of America panies (FOA) - 2024 Q1 - Earnings Call Transcript
2024-05-06 23:34
Company Participants Conference Call Participants Operator I would now like to turn the conference over to Michael Fant, Senior Vice President, Finance. You may begin. Thank you and good afternoon, everyone, and welcome to Finance of America's first quarter 2024 earnings call. With me today are Graham Fleming, Chief Executive Officer; Kristen Sieffert, President; and Matt Engel, Chief Financial Officer. As a reminder, this call is being recorded, and you can find the earnings release on our Investor Relatio ...
Finance of America panies (FOA) - 2024 Q1 - Quarterly Results
2024-05-06 20:05
FINANCE OF AMERICA REPORTS FIRST QUARTER 2024 RESULTS – Net loss from continuing operations of $16 million or $0.06 basic loss per share for the quarter – – Third consecutive quarter of improved operating results on an adjusted net basis – – Adjusted EBITDA for the quarter was near break-even at a loss of $1 million – Plano, Texas (May 6, 2024): Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a modern retirement solutions platform, reported financial results for the qu ...
Finance of America Companies Inc. (FOA) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
Zacks Investment Research· 2024-04-29 15:06
Wall Street expects a year-over-year increase in earnings on lower revenues when Finance of America Companies Inc. (FOA) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on May 6, 2024, might help the stock move higher if these key numbers are ...
Finance of America panies (FOA) - 2023 Q4 - Annual Report
2024-03-14 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40308 _________________________ FINANCE OF AMERICA COMPANIES INC. (Exact name of registrant as specified in ...