Frontdoor(FTDR)
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Frontdoor(FTDR) - 2024 Q3 - Earnings Call Transcript
2024-11-04 17:37
Call Start: 08:30 January 1, 0000 9:16 AM ET Frontdoor, Inc. (NASDAQ:FTDR) Q3 2024 Earnings Conference Call November 4, 2024, 8:30 a.m. ET Company Participants Bill Cobb - CEO Jessica Ross - SVP & CFO Matt Davis - VP, IR & Treasurer Conference Call Participants Cory Carpenter - J.P. Morgan Ian Zaffino - Oppenheimer Sergio Segura - KeyBanc Capital Markets Jeff Schmitt - William Blair Eric Sheridan - Goldman Sachs Mark Hughes - Truist Securities Operator Ladies and gentlemen, welcome to Frontdoor’s third quar ...
Frontdoor (FTDR) Beats Q3 Earnings Estimates
ZACKS· 2024-11-04 14:46
Frontdoor (FTDR) came out with quarterly earnings of $1.38 per share, beating the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $0.94 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.98%. A quarter ago, it was expected that this home services provider would post earnings of $1 per share when it actually produced earnings of $1.27, delivering a surprise of 27%.Over the last four quarters, the compa ...
Frontdoor(FTDR) - 2024 Q3 - Quarterly Results
2024-11-04 12:31
Exhibit 99.1 Frontdoor Announces Record Third-Quarter 2024 Results Revenue Increased 3% to $540 Million; Gross Profit Margin Increased 550 Basis Points to 57%; Net Income Increased 40% to $100 Million; Adjusted EBITDA(1)Increased 29% to $165 Million; Repurchased $119 Million of Shares Through August 2024; Launched New American Home Shield App in October; 2-10 Acquisition Remains on Track to Close in the Fourth Quarter of 2024 MEMPHIS, TENN. — November 4, 2024 — Frontdoor, Inc. (NASDAQ: FTDR), the nation's l ...
Frontdoor Is A Great Business But Not Great Value
Seeking Alpha· 2024-10-31 13:31
Frontdoor, Inc. (NASDAQ: FTDR ) is a good company with strong fundamentals. The most important ones include consistent long run profitability, including over the pandemic which was not good for the business. The cashflows allow management to finance growth projectsThe City Stock PickerAs a seasoned investor with a rich educational background in Business, Finance, and Accounting from a prestigious UK university, I bring a holistic and in-depth understanding of the financial markets. My journey in the investm ...
Frontdoor (FTDR) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
ZACKS· 2024-10-30 14:20
Analysts on Wall Street project that Frontdoor (FTDR) will announce quarterly earnings of $1.03 per share in its forthcoming report, representing an increase of 9.6% year over year. Revenues are projected to reach $540.52 million, increasing 3.2% from the same quarter last year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Prior to a ...
Are You Looking for a Top Momentum Pick? Why Frontdoor (FTDR) is a Great Choice
ZACKS· 2024-09-18 17:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...
Frontdoor Inc. (FTDR) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2024-09-18 14:16
Have you been paying attention to shares of Frontdoor (FTDR) ? Shares have been on the move with the stock up 3.2% over the past month. The stock hit a new 52-week high of $49.36 in the previous session. Frontdoor has gained 38.5% since the start of the year compared to the 21.3% move for the Zacks Construction sector and the 18.3% return for the Zacks Building Products - Miscellaneous industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, as it hasn' ...
Frontdoor's Stock Rises 36% in Three Months: Good Time to Buy FTDR?
ZACKS· 2024-09-12 16:55
Shares of Frontdoor, Inc. (FTDR) , the leading provider of home warranties in the United States, have rallied 36.1% in the past three months. The stock has significantly outperformed the 2% rise registered by the Zacks Building Products - Miscellaneous industry. Image Source: Zacks Investment Research FTDR also outpaced the Zacks Construction sector's 5.1% growth and the S&P 500 index's 0.8% increase during the same period. The company is benefiting from improved contract claims costs and customer retention ...
3 Reasons Why Growth Investors Shouldn't Overlook Frontdoor (FTDR)
ZACKS· 2024-09-06 17:46
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the Zacks Growth Style Score (part of ...
Frontdoor Inc. (FTDR) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-08-22 14:16
Shares of Frontdoor (FTDR) have been strong performers lately, with the stock up 31.8% over the past month. The stock hit a new 52-week high of $48.27 in the previous session. Frontdoor has gained 36.9% since the start of the year compared to the 16.7% move for the Zacks Construction sector and the 14.1% return for the Zacks Building Products - Miscellaneous industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus es ...