Group 1 - Flagstar Financial reported a quarterly loss of $0.34 per share, better than the Zacks Consensus Estimate of a loss of $0.50, and improved from a loss of $0.81 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 $886 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 $555.85 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]
Flagstar Financial (FLG) Reports Q4 Loss, Tops Revenue Estimates