Frontdoor sees FY25 revenue $ $2B- $2.04B , consensus $1.94B

Sees FY25 gross profit margin range of 51.5% to 53%; Adjusted EBITDA range of $450 million to $475 million “2024 was truly an exceptional year for Frontdoor (FTDR) as we delivered record financial results, our operations performed better than ever and we completed the acquisition of 2-10,” said Chairman and Chief Executive Officer Bill Cobb. “This year, we are taking decisive actions to drive long-term growth in home warranty membership, expanding non-warranty services and optimizing the 2-10 integration. These actions will further differentiate us and create long-term shareholder value.” “I am extremely pleased with our record 2024 financial performance, which was driven by higher realized price, lower incidence rates and continued process improvement initiatives,” said Chief Financial Officer Jessica Ross. “Looking ahead, our outlook is strong and reflects the addition of 2-10, normal price increases and mid-single digit cost inflation. Our margins remain well above historical averages and we remain committed to deploying capital to repurchase shares.”