Surging Earnings Estimates Signal Upside for Frontdoor (FTDR) Stock

Core Viewpoint - Frontdoor (FTDR) is experiencing solid improvement in earnings estimates, which is likely to positively impact its stock price momentum [1][2]. Earnings Estimate Revisions - Analysts show growing optimism regarding Frontdoor's earnings prospects, reflected in upward revisions of earnings estimates [2]. - The current quarter's earnings estimate is $1.35 per share, representing a 6.3% increase from the previous year [6]. - Over the last 30 days, the Zacks Consensus Estimate for Frontdoor has increased by 11.09%, with three estimates moving higher and one lower [6]. - For the full year, the expected earnings are $3.29 per share, indicating a 1.79% decrease from the prior year, but there is a positive trend in estimate revisions [7]. Zacks Rank - Frontdoor currently holds a Zacks Rank 2 (Buy), indicating promising estimate revisions and a favorable investment outlook [8]. - The Zacks Rank system has a strong track record, with Zacks 1 Ranked stocks averaging a 25% annual return since 2008 [3]. Stock Performance - Frontdoor shares have increased by 43.1% over the past four weeks, suggesting strong investor confidence in its earnings growth prospects [9].