Frontdoor, Inc. is set to report its latest quarterly earnings on Wednesday, April 29th, with a consensus estimate of $0.63 earnings per share.
Frontdoor, Inc. (FTDR) saw a positive day with its stock price at $62.29, marking a $1.79 increase (2.96%) from the previous close. The trading volume was $264,718, representing a 39.91% increase relative to the average.
In the latest quarterly earnings report on February 25th, Frontdoor, Inc. reported earnings per share of $0.23, surpassing the consensus estimate of $0.11. The total revenue stood at $433 million, slightly above the consensus estimate of $421.49 million.
Frontdoor, Inc. generated a free cash flow of $95 million, with a net change in cash of $3 million. Operating cash flow was $101 million, while debt repayment amounted to $7 million.
The company reported a gross profit of $213 million, operating income of $83 million, and a net income of $2 million. Earnings per share were 2.82 cents, with a weighted average of 70.96 million shares outstanding.
Frontdoor, Inc. displays solid financial ratios, including a quick ratio of 1.55, gross profit margin of 49.19%, and return on equity of 0.83.
With total assets of $2.14 billion and total liabilities of $1.90 billion, Frontdoor, Inc. maintains a strong financial position with net debt standing at $646 million.
This comprehensive overview provides insights into Frontdoor, Inc.'s financial performance and outlook.
Frontdoor, Inc. provides home service plans in the United States. The company's home service plans cover the repair or replacement of principal components of approximately 20 home systems and appliances, including electrical, plumbing, water heaters, refrigerators, dishwashers, and ranges/ovens/cooktops, as well as electronics, pools, and spas and pumps; and central heating, ventilation, and air conditioning systems. It also offers ProConnect on-demand home services business and Streem, a technology platform that uses augmented reality, computer vision, and machine learning that helps home service professionals quickly and accurately diagnose breakdowns and complete repairs. The company serves homeowners under the American Home Shield, HSA, Landmark Home Warranty, OneGuard, Frontdoor, and Streem brands. The company was founded in 1971 and is headquartered in Memphis, Tennessee.