Finance of America Reports First Quarter 2024 Results [Yahoo! Finance]
Finance of America Companies Inc. Class A (FOA)
Company Research
Source: Yahoo! Finance
– Third consecutive quarter of improved operating results on an adjusted net basis – – Adjusted EBITDA for the quarter was near break-even at a loss of $1 million – PLANO, Texas, May 06, 2024 BUSINESS WIRE Finance of America Companies Inc. ("Finance of America" or the "Company") (NYSE: FOA) , a modern retirement solutions platform, reported financial results for the quarter ended March 31, 2024. First Quarter 2024 Highlights Net loss from continuing operations for the first quarter of $16 million or $0.06 basic loss per share. For the quarter, the Company recognized an adjusted net loss of $7 million or $0.03 per share. 69% improvement on a pre-tax basis in Retirement Solutions in the first quarter driven by higher revenue margin and reduced expenses compared to the prior quarter. The first quarter 2024 marks the third consecutive quarter of improved operating performance on an adjusted net basis. Adjusted EBITDA for the quarter was near break-even at a loss of $1 mil
Show less
Read more
Impact Snapshot
Event Time:
FOA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FOA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FOA alerts
High impacting Finance of America Companies Inc. Class A news events
Weekly update
A roundup of the hottest topics
FOA
News
- Finance Of America Companies Inc. (NYSE:FOA) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Planet Home Lending Appoints Financial Veteran Paul Walker Chief Financial Officer [Yahoo! Finance]Yahoo! Finance
- 3 Growth Companies With High Insider Ownership And At Least 12% Revenue Growth [Yahoo! Finance]Yahoo! Finance
- Finance of America Reports First Quarter 2024 ResultsBusiness Wire
- Finance of America Unifies FAR, AAG Under Single Brand [Yahoo! Finance]Yahoo! Finance
FOA
Earnings
- 5/6/24 - Beat
FOA
Sec Filings
- 5/16/24 - Form 8-K
- 5/15/24 - Form 4
- 5/15/24 - Form 4
- FOA's page on the SEC website