Frontdoor reports Q3 adjusted EPS $1.58, consensus $1.51

Reports Q3 revenue $618M, consensus $611.03M. “Frontdoor (FTDR) is on pace for another year of record financial performance,” said Chairman and Chief Executive Officer Bill Cobb. “Our results are driven by contributions from the 2-10 acquisition and our continuous improvement in execution across the business. Real estate member count increased sequentially for the first time in five years, and our non-warranty business continues to demonstrate robust momentum. We have an extremely attractive business model that generates a tremendous amount of cash, which has us on track to repurchase up to 6% of our outstanding shares in 2025.”