Finance of America (FOA) Misses Q2 EPS by 22c

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Go back to Finance of America (FOA) Misses Q2 EPS by 22c

Finance of America Reports Second Quarter 2022 Results

August 4, 2022 4:05 PM EDT

Net Loss for the quarter of $168 million or $(0.65) per basic share and $(0.70) of diluted EPS primarily attributable to negative fair value marks, after model assumptions were updated to account for higher credit spreads
Adjusted net loss* for the quarter of $22 million or $(0.12) per fully diluted share

PLANO, Texas--(BUSINESS WIRE)-- Finance of America Companies Inc., (Finance of America or the Company) (NYSE: FOA), a customer focused, consumer and specialty lending business, reported financial results for the quarter ended June 30, 2022.

Second Quarter 2022 Financial... More