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Flagstar Financial (FLG) Reports Q4 Loss, Tops Revenue Estimates
FLGFlagstar Financial, lnc.(FLG) ZACKS·2025-01-30 13:16

Group 1 - Flagstar Financial reported a quarterly loss of 0.34pershare,betterthantheZacksConsensusEstimateofalossof0.34 per share, better than the Zacks Consensus Estimate of a loss of 0.50, and improved from a loss of 0.81pershareayearago,representinganearningssurpriseof320.81 per share a year ago, representing an earnings surprise of 32% [1] - The company posted revenues of 625 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 5.80%, but down from 886millioninthesamequarterlastyear[2]−Overthelastfourquarters,FlagstarFinancialhassurpassedconsensusEPSestimatesjustonceandtoppedconsensusrevenueestimatestwotimes[2]Group2−Thestockhasgainedabout2.9886 million in the same quarter last year [2] - Over the last four quarters, Flagstar Financial has surpassed consensus EPS estimates just once and topped consensus revenue estimates two times [2] Group 2 - The stock has gained about 2.9% since the beginning of the year, compared to the S&P 500's gain of 2.7% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The estimate revisions trend for Flagstar Financial is mixed, currently translating into a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Group 3 - The current consensus EPS estimate for the coming quarter is -0.17 on revenues of 555.85million,and−555.85 million, and -0.33 on revenues of $2.34 billion for the current fiscal year [7] - The Zacks Industry Rank for Banks - Northeast is in the top 6% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8]