Frontdoor (FTDR) came out with quarterly earnings of $1.38 per share, beating the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $0.94 per share a year ago.
Frontdoor Inc. has strong fundamentals, consistent profitability, and the ability to finance growth and return cash to shareholders, making it a solid long-term investment. The home warranty market is poised for steady growth due to aging housing stock, rising repair costs, and increasing homeownership, positioning Frontdoor for continued expansion. Despite challenges like customer dissatisfaction and economic downturns, Frontdoor's innovative management and technological investments support stable revenue growth and market leadership.
Get a deeper insight into the potential performance of Frontdoor (FTDR) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Does Frontdoor (FTDR) have what it takes to be a top stock pick for momentum investors? Let's find out.
Frontdoor (FTDR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Let's check whether FTDR stock is worth buying amid market challenges.
Frontdoor (FTDR) possesses solid growth attributes, which could help it handily outperform the market.
Frontdoor (FTDR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Frontdoor (FTDR) possesses solid growth attributes, which could help it handily outperform the market.
FTDR has continued to deliver strong earnings driven by pricing initiatives and operational efficiency. The company posted another robust quarter with a record gross margin of 56%, beating estimates and raising EBITDA guidance. Acquisition of 2-10 Home Buyers Warranty provides diversification and margin accretion for the business.
Does Frontdoor (FTDR) have what it takes to be a top stock pick for momentum investors? Let's find out.