Analysts on Wall Street project that Frontdoor (FTDR - Free Report) will announce quarterly earnings of $0.02 per share in its forthcoming report, representing a decline of 84.6% year over year. Revenues are projected to reach $358.73 million, increasing 5.8% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
That said, let's delve into the average estimates of some Frontdoor metrics that Wall Street analysts commonly model and monitor.
The consensus estimate for 'Revenue by Customer Channel- Renewals' stands at $287.10 million. The estimate indicates a change of +13% from the prior-year quarter.
Based on the collective assessment of analysts, 'Revenue by Customer Channel- Other' should arrive at $12.13 million. The estimate suggests a change of +1.1% year over year.
The average prediction of analysts places 'Revenue by Customer Channel- Direct-to-consumer (First-Year)' at $35.62 million. The estimate indicates a change of -17.2% from the prior-year quarter.
Analysts expect 'Revenue by Customer Channel- Real estate (First-Year)' to come in at $23.66 million. The estimate points to a change of -23.7% from the year-ago quarter.
View all Key Company Metrics for Frontdoor here>>>
Over the past month, shares of Frontdoor have returned -1.4% versus the Zacks S&P 500 composite's +4.7% change. Currently, FTDR carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
4 Oil Stocks with Massive Upsides
Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with "black gold."
Zacks Investment Research has just released an urgent special report to help you bank on this trend.
In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations.
Download your free report now to see them.
Analysts on Wall Street project that Frontdoor (FTDR - Free Report) will announce quarterly earnings of $0.02 per share in its forthcoming report, representing a decline of 84.6% year over year. Revenues are projected to reach $358.73 million, increasing 5.8% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
That said, let's delve into the average estimates of some Frontdoor metrics that Wall Street analysts commonly model and monitor.
The consensus estimate for 'Revenue by Customer Channel- Renewals' stands at $287.10 million. The estimate indicates a change of +13% from the prior-year quarter.
Based on the collective assessment of analysts, 'Revenue by Customer Channel- Other' should arrive at $12.13 million. The estimate suggests a change of +1.1% year over year.
The average prediction of analysts places 'Revenue by Customer Channel- Direct-to-consumer (First-Year)' at $35.62 million. The estimate indicates a change of -17.2% from the prior-year quarter.
Analysts expect 'Revenue by Customer Channel- Real estate (First-Year)' to come in at $23.66 million. The estimate points to a change of -23.7% from the year-ago quarter.
View all Key Company Metrics for Frontdoor here>>>
Over the past month, shares of Frontdoor have returned -1.4% versus the Zacks S&P 500 composite's +4.7% change. Currently, FTDR carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
4 Oil Stocks with Massive Upsides
Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with "black gold."
Zacks Investment Research has just released an urgent special report to help you bank on this trend.
In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations.
Download your free report now to see them.
Get the latest research report on FTDR - FREE