Earnings Preview: Finance of America
Portfolio Pulse from Benzinga Insights
Finance of America (NYSE:FOA) is scheduled to release its quarterly earnings report on March 6, 2024, with analysts expecting an EPS of $-0.08. The company's past earnings performance shows a pattern of not meeting EPS estimates, leading to significant price drops. Shares are currently trading at $0.8666, down 45.77% over the last year. Investors are looking for positive guidance for the next quarter to potentially influence the stock price positively.

March 05, 2024 | 6:01 pm
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Finance of America is expected to report an EPS of $-0.08 for the upcoming quarter. Historical performance shows a trend of not meeting EPS estimates, significantly impacting the stock price.
Given Finance of America's history of not meeting EPS estimates and the subsequent negative impact on its stock price, it's likely that if the trend continues, the stock price may experience further decline. However, positive guidance for the future could mitigate this effect.
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IMPORTANCE 90
RELEVANCE 100