Finance of America (FOA) Reports Q1 EPS of ($0.08)

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Go back to Finance of America (FOA) Reports Q1 EPS of ($0.08)

Finance of America Reports First Quarter 2023 Results

May 8, 2023 4:15 PM EDT

Net income from continuing operations of $55 million or $0.29 basic earnings per share for the quarter

Completed the acquisition of AAG, further enhancing our market position in Reverse Mortgage Lending

Strengthened the balance sheet including the issuance of new equity

Realigned reporting segments, bringing focus and clarity to strategic vision

PLANO, Texas--(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, 2023.

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