Frontdoor, Inc. (FTDR) Misses Q3 EPS by 1c

Frontdoor, Inc. (NASDAQ: FTDR) reported Q3 EPS of $0.58, $0.01 worse than the analyst estimate of $0.59. Revenue for the quarter came in at $377 million versus the consensus estimate of $369.5 million.

GUIDANCE:

Frontdoor, Inc. sees FY2018 revenue of $1.25-1.26 billion, versus the consensus of $1.25 billion.

• Gross profit margin is anticipated to range from 43 percent to 44 percent, reflecting a continuation of higher claims costs.
• Adjusted EBITDA is anticipated to range from $215 million to $225 million.
• Capital expenditures are anticipated to range between $25 million and $30 million.
• Effective tax rate is anticipated to be approximately 25 percent.

For earnings history and earnings-related data on Frontdoor, Inc. (FTDR) click here.

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