Finance of America Q2 2024 Adj. EPS $(0.05) Beats $(0.17) Estimate, Sales $79.039M Beat $68.750M Estimate
Portfolio Pulse from Benzinga Newsdesk
Finance of America (NYSE:FOA) reported Q2 2024 adjusted EPS of $(0.05), beating the analyst estimate of $(0.17) by 70.59%. The company also reported sales of $79.039 million, surpassing the $68.750 million estimate by 14.97%. This marks a 170.64% increase over the same period last year.
August 06, 2024 | 9:52 pm
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Finance of America (NYSE:FOA) reported better-than-expected Q2 2024 results with an adjusted EPS of $(0.05) beating the $(0.17) estimate and sales of $79.039 million surpassing the $68.750 million estimate. This represents a significant 170.64% increase in sales compared to the same period last year.
The better-than-expected EPS and sales figures, along with a significant year-over-year increase in sales, are likely to positively impact FOA's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100