Frontdoor (FTDR) Q4 Earnings & Revenues Beat, Up Y/Y on Pricing
FTDRFrontdoor(FTDR) Zacks Investment Research·2024-03-01 01:51

Frontdoor, Inc. (FTDR) reported impressive fourth-quarter 2023 earnings, which strongly surpassed the Zacks Consensus Estimate and increased on a year-over-year basis. Net revenues also beat the analysts’ expectations and rose from the previous year’s number on solid pricing. Shares of this home repair and maintenance provider tumbled 5.8% on Feb 28, after the earnings release. This might be due to bleak first-quarter 2024 revenues and adjusted EBITDA guidance. FTDR’s chairman and chief executive officer, B ...