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Finance of America Companies Q3 2023 Earnings Report

Finance of America Companies logo
$25.42 -0.79 (-3.01%)
(As of 12/18/2024 05:27 PM ET)

Finance of America Companies EPS Results

Actual EPS
-$1.40
Consensus EPS
-$0.90
Beat/Miss
Missed by -$0.50
One Year Ago EPS
N/A

Finance of America Companies Revenue Results

Actual Revenue
($70.44) million
Expected Revenue
$60.00 million
Beat/Miss
Missed by -$130.44 million
YoY Revenue Growth
N/A

Finance of America Companies Announcement Details

Quarter
Q3 2023
Time
N/A

Conference Call Resources

Conference Call Audio

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Finance of America Companies Earnings Headlines

Finance of America downgraded to Neutral from Buy at UBS
Finance of America falls -17.2%
Healthcare Takes A Big Step Forward With The Help of A.I.
To date, we've seen baseline AI models lay the groundwork. Tools like ChatGPT are useful, but they are still simple, proof-of-concept systems. For its next act, AI is going to help save lives. Already better than humans at a number of medical tasks, AI is ramping up to completely revolutionize healthcare.
Finance of America Reports Strong Q3 2024 Results
See More Finance of America Companies Headlines
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About Finance of America Companies

Finance of America Companies (NYSE:FOA) 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. The Portfolio Management segment provides product development, loan securitization, loan sales, risk management, servicing oversight, and asset management services for borrowers and investors. The company was founded in 2013 and is headquartered in Plano, Texas.

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