Seeking Clues to Frontdoor (FTDR) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics

The upcoming report from Frontdoor (FTDR) is expected to reveal quarterly earnings of $0.33 per share, indicating a decline of 23.3% compared to the year-ago period. Analysts forecast revenues of $415.17 million, representing an increase of 9.8% year over year.Over the last 30 days, there has been a downward revision of 3.9% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.Bearing this in mind, let's now explore the average estimates of specific Frontdoor metrics that are commonly monitored and projected by Wall Street analysts.According to the collective judgment of analysts, 'Revenue by Customer Channel- Renewals' should come in at $318.14 million. The estimate suggests a change of +6.8% year over year.The consensus estimate for 'Revenue by Customer Channel- Other' stands at $31.73 million. The estimate indicates a year-over-year change of +86.7%.Based on the collective assessment of analysts, 'Revenue by Customer Channel- Direct-to-consumer (First-Year)' should arrive at $36.35 million. The estimate indicates a change of +1% from the prior-year quarter.Analysts expect 'Revenue by Customer Channel- Real estate (First-Year)' to come in at $29.18 million. The estimate indicates a change of +8.1% from the prior-year quarter.View all Key Company Metrics for Frontdoor here>>>Shares of Frontdoor have demonstrated returns of +8% over the past month compared to the Zacks S&P 500 composite's -4.3% change. With a Zacks Rank #4 (Sell), FTDR is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Frontdoor Inc. (FTDR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks