Company Overview - Frontdoor (FTDR) is part of the Construction group, which consists of 88 companies and is currently ranked 5 in the Zacks Sector Rank [2] - Frontdoor has a Zacks Rank of 2 (Buy), indicating a favorable outlook based on earnings estimates and revisions [3] Performance Metrics - Year-to-date, Frontdoor has returned approximately 55.7%, significantly outperforming the Construction sector's average return of 23.6% [4] - The consensus estimate for Frontdoor's full-year earnings has increased by 9% over the past three months, reflecting improved analyst sentiment [3] Industry Comparison - Frontdoor operates within the Building Products - Miscellaneous industry, which includes 27 companies and is currently ranked 157 in the Zacks Industry Rank [5] - The average return for stocks in the Building Products - Miscellaneous industry is 21.4% this year, indicating that Frontdoor is performing better than its industry peers [5] Competitor Analysis - Altair Engineering (ALTR) is another Construction stock that has outperformed the sector, with a year-to-date increase of 24.2% [4] - Altair Engineering has a Zacks Rank of 2 (Buy), with a consensus EPS estimate increase of 5% over the past three months [5][6]

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, 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 ...

Group 1 - Analysts project Frontdoor (FTDR) will announce quarterly earnings of $1.03 per share, a 9.6% increase year over year [1] - Revenues are expected to reach $540.52 million, reflecting a 3.2% increase from the same quarter last year [1] - There have been no revisions in the consensus EPS estimate over the last 30 days, indicating stability in analysts' forecasts [1] Group 2 - Revenue by Customer Channel - Renewals is estimated to reach $424.51 million, a change of +4.6% year over year [4] - Revenue by Customer Channel - Other is projected at $32.80 million, suggesting a significant increase of +36.7% year over year [4] - Revenue by Customer Channel - Direct-to-consumer (First-Year) is forecasted to be $47.60 million, indicating a decrease of -11.9% from the prior-year quarter [4] Group 3 - Revenue by Customer Channel - Real estate (First-Year) is expected to be $34.08 million, reflecting a decline of -14.8% year over year [5] - The customer retention rate is anticipated to remain at 76.2%, consistent with the same quarter last year [5] - Frontdoor shares have increased by +5.6% in the past month, outperforming the Zacks S&P 500 composite's +1.8% [5]

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' ...

Core Viewpoint - Frontdoor, Inc. (FTDR) has experienced a significant stock rally of 36.1% over the past three months, outperforming the broader market and its industry peers, driven by improved contract claims costs and customer retention [1][2]. Group 1: Stock Performance - FTDR's stock has outperformed the Zacks Building Products - Miscellaneous industry, which saw a 2% rise, and the Zacks Construction sector's 5.1% growth, as well as the S&P 500 index's 0.8% increase during the same period [1]. - The stock is currently trading above its 50-day and 200-day moving averages, indicating a bullish trend and positive market sentiment [2]. Group 2: Factors Driving Growth - Despite macroeconomic challenges, Frontdoor is focusing on long-term growth potential in the home warranty market and has modestly revised its outlook for member count [3]. - The American Home Shield (AHS) brand is actively promoting home warranties, with a successful marketing campaign launched in April and a 50% discount promotion in July 2024 that resulted in positive renewal rates [4][5]. - The company is expanding its on-demand business, particularly in HVAC services, with other revenues increasing by 46% year over year, driven by new HVAC sales [6][7]. Group 3: Strategic Acquisitions - In June, Frontdoor announced the acquisition of 2-10 Home Buyers Warranty, which is expected to enhance customer base, product diversification, and long-term growth [8]. Group 4: Financial Health - Frontdoor reported net cash from operations of $187 million for the six months ended June 30, 2024, up from $112 million a year ago, and improved its net debt to adjusted EBITDA ratio to 0.85x [9]. - The company has approved a new 3-year share repurchase plan worth $650 million, reflecting a 63% increase from the previous authorization [10]. Group 5: Market Outlook - Analysts have shown confidence in FTDR, with upward revisions in earnings estimates indicating a projected 21.3% year-over-year growth for 2024 [13]. - The company has raised its revenue outlook for 2024 to a growth range of 2-3%, with expected revenues between $1.81 billion and $1.84 billion [17].

Core Viewpoint - Growth investors are increasingly focused on identifying stocks with above-average financial growth, which can lead to solid returns, but finding such stocks can be challenging due to inherent risks and volatility [1] Group 1: Company Overview - Frontdoor (FTDR) is currently recommended as a cutting-edge growth stock due to its favorable Growth Score and top Zacks Rank [2] - The company has a historical EPS growth rate of 4.8%, but projected EPS growth for this year is expected to be 18.6%, significantly higher than the industry average of 11.1% [4] Group 2: Financial Metrics - Frontdoor has an impressive asset utilization ratio (sales-to-total-assets ratio) of 1.57, indicating that the company generates $1.57 in sales for every dollar in assets, compared to the industry average of 0.89 [5] - The company's sales are projected to grow by 3% this year, outperforming the industry average growth of 1.5% [6] Group 3: Earnings Estimates - The current-year earnings estimates for Frontdoor have been revised upward, with the Zacks Consensus Estimate increasing by 0.9% over the past month, indicating a positive trend in earnings estimate revisions [7][8] - Frontdoor's combination of a Growth Score of A and a Zacks Rank 1 positions it well for potential outperformance in the market [8][9]

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 ...

Core Viewpoint - Growth investors are focused on stocks with above-average financial growth, but identifying stocks that can fulfill their potential is challenging due to associated risks and volatility [1] Group 1: Company Overview - Frontdoor (FTDR) is currently recommended as a growth stock by the Zacks Growth Style Score system, which evaluates a company's real growth prospects beyond traditional metrics [2] - The stock has a favorable Growth Score and a top Zacks Rank, indicating strong potential for growth investors [2][9] Group 2: Earnings Growth - Earnings growth is a critical factor for growth investors, with double-digit growth being highly desirable [4] - Frontdoor's projected EPS growth for the current year is 18.6%, significantly higher than the industry average of 11.9% [5] Group 3: Asset Utilization - Frontdoor has an asset utilization ratio (sales-to-total-assets ratio) of 1.57, indicating efficient use of assets to generate sales compared to the industry average of 0.89 [6] Group 4: Sales Growth - The company's sales are expected to grow by 3% this year, outperforming the industry average of 1.1% [7] Group 5: Earnings Estimate Revisions - The current-year earnings estimates for Frontdoor have been revised upward, with the Zacks Consensus Estimate increasing by 8.3% over the past month [9] - Positive trends in earnings estimate revisions correlate strongly with near-term stock price movements [8] Group 6: Investment Potential - Frontdoor's combination of a Growth Score of A and a Zacks Rank 1 suggests it is a potential outperformer and a solid choice for growth investors [10]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Frontdoor (FTDR) - Frontdoor currently holds a Momentum Style Score of B, indicating a positive momentum outlook [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - FTDR shares have increased by 15.27% over the past week, while the Zacks Building Products - Miscellaneous industry has decreased by 6.16% during the same period [5] - Over the past month, FTDR's price change is 30.23%, significantly outperforming the industry's 1.84% [5] - In the last quarter, FTDR shares rose by 20.46%, and over the past year, they are up 19.57%, compared to the S&P 500's increases of 1.55% and 17.43%, respectively [6] Trading Volume - FTDR's average 20-day trading volume is 989,355 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, two earnings estimates for FTDR have been revised upwards, increasing the consensus estimate from $2.52 to $2.64 [9] - For the next fiscal year, two estimates have also moved upwards, with no downward revisions noted [9] Conclusion - Given the positive performance metrics and earnings outlook, FTDR is positioned as a strong buy with a Momentum Score of B, making it a compelling option for investors seeking short-term gains [9]