Frontdoor (FTDR) Q2 Revenue Up 14%
(NASDAQ:FTDR), a leading provider of home warranties and home services, posted second quarter results on August 5, 2025. Frontdoor reported significant gains, with earnings per share of $1.63 (Non-GAAP) beating analyst expectations of $1.44 and revenue (GAAP) climbing to $617 million, ahead of the $602.6 million estimate. Year over year, both profit and sales (GAAP) increased at a double-digit pace, fueled by the integration of 2-10 Home Buyers Warranty and strong performance in both core and non-warranty programs. The quarter was marked by solid revenue growth, with GAAP revenue increasing 14% to $617 million, a record gross margin of 58%, and robust cash generation, making it a standout performance compared to both internal and Wall Street projections, with non-GAAP EPS of $1.63 exceeding the analysts' estimate of $1.44 and GAAP revenue of $617 million surpassing the estimate of $602.6 million.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Frontdoor provides home warranties and related home services across the United States through brands like American Home Shield and 2-10 Home Buyers Warranty. Its main business involves servicing and protecting household systems, such as heating, ventilation, and air conditioning (HVAC) units, appliances, and more. Customers purchase annual contracts covering repairs or replacements, and the company manages a large network of independent contractors to fulfill these requests.
Source Fool.com
Frontdoor Inc Stock
With 4 Buy predictions and 3 Sell predictions the community is currently undecided on Frontdoor Inc.
At the moment Frontdoor Inc has reached the predicted target price of 53 €, with a current price of 52.5 €.