Finance of America Companies Inc. (FOA) Reports Q2 Loss, Tops Revenue Estimates

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 ...