Finance of America Companies (FOA) Set to Announce Quarterly Earnings on Wednesday

Finance of America Companies (NYSE:FOA) will issue its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.13 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Finance of America Companies (NYSE:FOA) last issued its quarterly earnings results on Tuesday, August 6th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.20) by $0.15. The firm had revenue of $79.04 million for the quarter, compared to the consensus estimate of $66.00 million. During the same period in the previous year, the business posted ($0.15) earnings per share. On average, analysts expect Finance of America Companies to post $0 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Finance of America Companies Stock Down 0.2 %

FOA opened at $12.21 on Monday. The company has a debt-to-equity ratio of 71.55, a quick ratio of 2.83 and a current ratio of 2.83. The company has a market capitalization of $121.20 million, a PE ratio of -3.70 and a beta of 1.07. The stock’s fifty day moving average is $10.49 and its 200-day moving average is $7.74. Finance of America Companies has a one year low of $4.10 and a one year high of $14.31.

Analysts Set New Price Targets

Separately, UBS Group dropped their price target on shares of Finance of America Companies from $15.00 to $14.00 and set a “buy” rating on the stock in a research report on Thursday, September 5th.

Finance of America Companies Company Profile

Finance of America Companies Inc a financial service holding company, through its subsidiaries, engages in the operation of a retirement solutions platform in the United States. It operates through two segments: Retirement Solutions and Portfolio Management. The Retirement Solutions segment engages in the loan origination activities comprising home equity conversion, proprietary reverse, and hybrid mortgage loans for senior homeowners.