Frontdoor (FTDR) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Frontdoor (FTDR) reported $383 million in revenue for Q4 2024, a year-over-year increase of 4.6% and an EPS of $0.27, up from $0.20 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $368.3 million, resulting in a surprise of +3.99%, while the EPS surprise was +145.45% compared to the consensus estimate of $0.11 [1] Financial Performance Metrics - Customer retention rate was 79.9%, surpassing the estimated 77.3% by analysts [4] - The number of home service plans and home warranties reached 2.12 million, exceeding the average estimate of 1.93 million [4] - Revenue from renewals was $296 million, slightly above the three-analyst average estimate of $291.61 million, reflecting a year-over-year change of +3.9% [4] - Revenue from other channels was $30 million, significantly higher than the $23.99 million average estimate, marking a year-over-year increase of +66.7% [4] - Direct-to-consumer revenue (First-Year) was $31 million, below the average estimate of $29.14 million, indicating a year-over-year decline of -16.2% [4] - Revenue from real estate (First-Year) was $26 million, slightly above the estimated $22.22 million, with no change compared to the year-ago quarter [4] Stock Performance - Frontdoor's shares have returned -8.4% over the past month, compared to the Zacks S&P 500 composite's -2.2% change [3] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential outperformance against the broader market in the near term [3]