Finance of America Companies Past Earnings Performance
Past criteria checks 1/6
Finance of America Companies's earnings have been declining at an average annual rate of -14%, while the Diversified Financial industry saw earnings growing at 11.1% annually. Revenues have been declining at an average rate of 35.8% per year. Finance of America Companies's return on equity is 77.6%, and it has net margins of 24.2%.
Key information
-14.0%
Earnings growth rate
-5.6%
EPS growth rate
| Diversified Financial Industry Growth | 6.1% |
| Revenue growth rate | -35.8% |
| Return on equity | 77.6% |
| Net Margin | 24.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Industry Analysts Just Made A Massive Upgrade To Their Finance of America Companies Inc. (NYSE:FOA) Revenue Forecasts
Jun 02
These Analysts Think Finance Of America Companies Inc.'s (NYSE:FOA) Sales Are Under Threat
Aug 17Finance of America to sell its commercial lending business to Roc Capital
Feb 21Finance of America surges after deal to acquire assets of American Advisors
Dec 07Finance of America Non-GAAP EPS of -$0.10, revenue of $71.1M
Nov 09The Consensus EPS Estimates For Finance Of America Companies Inc. (NYSE:FOA) Just Fell A Lot
Aug 11Finance Of America Companies Inc. (NYSE:FOA) Analysts Just Trimmed Their Revenue Forecasts By 16%
May 12Finance of America: Why There Is A Lot To Like About This Stock
Sep 21Revenue & Expenses Breakdown
How Finance of America Companies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 720 | 174 | 249 | 0 |
| 30 Jun 24 | 359 | 25 | 275 | 0 |
| 31 Mar 24 | 168 | -75 | 295 | 0 |
| 31 Dec 23 | 234 | -28 | 289 | 0 |
| 30 Sep 23 | 23 | 350 | 190 | 0 |
| 30 Jun 23 | 56 | 310 | 201 | 0 |
| 31 Mar 23 | 148 | 238 | 238 | 0 |
| 31 Dec 22 | 53 | 199 | 286 | 0 |
| 30 Sep 22 | 371 | -672 | 690 | 0 |
| 30 Jun 22 | 865 | -546 | 1,000 | 0 |
| 31 Mar 22 | 1,275 | -487 | 1,275 | 0 |
| 31 Dec 21 | 1,736 | -372 | 1,542 | 0 |
| 30 Sep 21 | 1,892 | 175 | 1,562 | 0 |
| 30 Jun 21 | 2,043 | 400 | 1,518 | 0 |
| 31 Mar 21 | 2,120 | 665 | 1,437 | 0 |
| 31 Dec 20 | 1,800 | 518 | 1,274 | 0 |
| 30 Sep 20 | 1,511 | 378 | 1,130 | 0 |
| 30 Jun 20 | 1,179 | 170 | 1,001 | 0 |
| 31 Mar 20 | 898 | 24 | 864 | 0 |
| 31 Dec 19 | 892 | 54 | 818 | 0 |
| 31 Dec 18 | 789 | 32 | 734 | 0 |
| 31 Dec 17 | 778 | 53 | 715 | 0 |
Quality Earnings: FOA has high quality earnings.
Growing Profit Margin: FOA's current net profit margins (24.2%) are lower than last year .
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FOA's earnings have declined by 14% per year over the past 5 years.
Accelerating Growth: FOA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FOA had negative earnings growth (-50.4%) over the past year, making it difficult to compare to the Diversified Financial industry average (14.6%).
Return on Equity
High ROE: Whilst FOA's Return on Equity (77.64%) is outstanding, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 16:52 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Finance of America Companies Inc. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Douglas Harter | Credit Suisse |
| Ryan Nash | Goldman Sachs |
| James Faucette | Morgan Stanley |