Finance of America (FOA) Misses Q4 EPS by 16c

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Go back to Finance of America (FOA) Misses Q4 EPS by 16c

Finance of America Reports Fourth Quarter and Full Year 2022 Results

March 13, 2023 4:15 PM EDT

Net loss for the year of $716 million or $3.06 basic loss per share entirely attributable to balance sheet adjustments and Mortgage Originations segment which has been discontinued

Adjusted net loss* of $61 million for the year, entirely attributable to businesses that have been discontinued or divested in first half of 2023

Announced acquisition of AAG, further strengthening our market position in Reverse Mortgage Lending

PLANO, Texas--(BUSINESS WIRE)-- Finance of America Companies Inc., (Finance of America or the Company) (NYSE: FOA), a leading specialty finance and solutions... More