Finance of America (FOA) Tops Q4 EPS by 7c

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Go back to Finance of America (FOA) Tops Q4 EPS by 7c

Finance of America Reports Fourth Quarter and Full Year 2021 Results

March 2, 2022 4:22 PM EST

Net loss for the quarter of $1,336 million or $(6.61) per basic share and $(6.72) per fully diluted share entirely due to a $1,381 million impairment of goodwill and intangible assets

Adjusted net income* for the quarter of $70 million or $0.37 per fully diluted share, in line with fourth quarter earnings guidance

IRVING, Texas--(BUSINESS WIRE)-- Finance of America Companies Inc., (Finance of America or the Company) (NYSE: FOA), a high growth, consumer and specialty lending business, reported financial results for the quarter and year-ended December 31, 2021.

Fourth Quarter and Full Year 2021... More