Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
frontdoor inc (DE:3I5)
FRANKFURT:3I5
Holding DE:3I5?
Track your performance easily
Earnings Data
Report Date
Feb 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
€0.1Last Year’s EPS
€0.19Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 04, 2024
|% Change Since: 16.74%
|Next Earnings Date:Feb 26, 2025
Earnings Call Sentiment|Positive
The earnings call reflected strong financial performance and growth, especially in gross margins and on-demand business. However, challenges in the real estate channel and a decline in DTC channel due to discounting were notable concerns. Overall, the positive aspects slightly outweigh the negative trends.Company Guidance
During Frontdoor's Q3 2024 earnings call, the company provided robust financial guidance, highlighting several impressive metrics. Revenue for the quarter increased by 3% to $540 million, while the gross profit margin expanded by 550 basis points to a record 57%. Net income saw a significant rise of 40% to $100 million, and adjusted EBITDA grew by 29% to $165 million. The company also repurchased 3.2 million shares with $119 million year-to-date through August. For the full year, they increased their revenue outlook to approximately $1.83 billion, with an expected gross margin of about 53%, another record for the company. Additionally, Frontdoor expects its full-year adjusted EBITDA to be approximately $430 million, reflecting strong financial positioning and continued strategic investments.Record Financial Performance and Growth
In Q3 2024, revenue increased by 3% to $540 million, gross profit margin expanded by 550 basis points to 57%, net income grew by 40% to $100 million, and adjusted EBITDA grew by 29% to $165 million.
Significant Gross Margin Improvement
The company achieved an all-time high gross margin outlook of 53%, a significant improvement from the all-time low of 43% in 2022.
On-Demand Business Expansion
The on-demand business is expected to generate over $100 million in revenue this year, primarily driven by a successful new HVAC program.
High Customer Retention Rates
Retention rates improved by 150 basis points to a record high of 77.7% in Q3 2024.
Launch of AHS App
A new AHS app was launched to enhance customer experience, offering easy access to account and plan information, service requests, and special offers.
---
DE:3I5 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
DE:3I5 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 04, 2024 | €45.40 | €45.00 | -0.88% |
| Aug 01, 2024 | €36.40 | €36.20 | -0.55% |
| May 02, 2024 | €28.80 | €28.20 | -2.08% |
| Feb 28, 2024 | €29.80 | €28.80 | -3.36% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does frontdoor inc (DE:3I5) report earnings?
frontdoor inc (DE:3I5) is schdueled to report earning on Feb 26, 2025, TBA Not Confirmed.
What is frontdoor inc (DE:3I5) earnings time?
frontdoor inc (DE:3I5) earnings time is at Feb 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of frontdoor inc stock?
The P/E ratio of frontdoor is 17.6.
What is DE:3I5 EPS forecast?
DE:3I5 EPS forecast for the fiscal quarter 2024 (Q4) is €0.1.
---