The earnings call highlighted Finance of America's strong financial performance in the first quarter of 2025, with significant improvements in funded volume, net income, and operational efficiency. The company's strategic initiatives and cost management efforts have yielded positive results, although some challenges remain with revenue margins and rate environment. Overall, the company appears to be on a positive trajectory with a balanced outlook.

Company Guidance -

Q2 2025

During the Finance of America First Quarter 2025 Earnings Call, the company reported strong performance metrics, with $561 million in funded volume surpassing their guidance range of $525 million to $550 million, marking a 32% increase over the previous year and their fourth consecutive quarter of volume growth. The company achieved a GAAP net income of $80 million, translating to $3.17 basic earnings per share, while adjusted net income reached $13 million or $0.52 per share, reflecting a $20 million improvement year-over-year. Additionally, the company maintained full-year guidance targets of $2.4 billion to $2.7 billion in funded volume and adjusted earnings per share of $2.60 to $3. Operational efficiencies were evident as they doubled the percentage of retail loans funded within 30 days, increased initial 30-day sales conversion rates by 40%, and reduced cost per opportunity by 12% quarter-over-quarter. Adjusted EBITDA improved to $29 million, up from $18 million in the previous quarter, with significant cost reductions achieved through disciplined vendor management. The company continues to focus on expanding its reverse mortgage offerings, targeting homeowners aged 55 and up, as part of a strategic campaign to reposition the product in the financial planning landscape.

Exceeding Funded Volume Guidance

Finance of America delivered $561 million in funded volume during the first quarter, surpassing the guidance range of $525 million to $550 million and marking a 32% improvement over the first quarter of 2024.

GAAP Net Income Turnaround

Generated $80 million in GAAP net income or $3.17 basic earnings per share, compared to a GAAP net loss of $16 million or $0.58 per basic share in the first quarter of 2024.

Operational Improvements

Doubled the percentage of retail loans funded within the first 30 days from submission, increased initial 30-day sales conversion rates by 40%, and reduced cost per opportunity by 12% quarter-over-quarter.

Adjusted Net Income Improvement

Adjusted net income improved by $20 million year-over-year, reaching $13 million or $0.52 per share, up from an adjusted net loss of $7 million in the first quarter of 2024.

Cost Management Success

General and administrative expenses declined by $4.3 million, a 25% year-over-year reduction, and a 35% decrease in communication and data processing expenses.

Finance of America Companies (FOA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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FOA Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 05, 2025	2025 (Q2)	0.61 / -	-0.05	―	―	―
May 06, 2025	2025 (Q1)	0.42 / 0.52	-0.3	273.33% (+0.82)
Mar 11, 2025	2024 (Q4)	0.46 / 0.21	-0.9	123.33% (+1.11)
Nov 06, 2024	2024 (Q3)	0.10 / 0.67	-1.1	160.91% (+1.77)
Aug 06, 2024	2024 (Q2)	-0.17 / -0.05	-1.2	95.83% (+1.15)
May 06, 2024	2024 (Q1)	-0.60 / -0.30	-0.8	62.50% (+0.50)	―
Mar 06, 2024	2023 (Q4)	-0.87 / -0.90	-3	70.00% (+2.10)
Nov 07, 2023	2023 (Q3)	-0.80 / -1.10	-1	-10.00% (-0.10)
Aug 08, 2023	2023 (Q2)	0.58 / -1.20	-1.2	0.00% (0.00)	―
May 08, 2023	2023 (Q1)	-0.25 / -0.80	2	-140.00% (-2.80)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

FOA Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 06, 2025	$19.45	$21.29	+9.46%
Mar 11, 2025	$21.20	$21.75	+2.59%
Nov 06, 2024	$14.48	$14.00	-3.31%
Aug 06, 2024	$7.21	$7.14	-0.97%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Finance Of America Companies Inc (FOA) report earnings?

Finance Of America Companies Inc (FOA) is schdueled to report earning on Aug 05, 2025, After Close (Confirmed).

What is Finance Of America Companies Inc (FOA) earnings time?

Finance Of America Companies Inc (FOA) earnings time is at Aug 05, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is FOA EPS forecast?

FOA EPS forecast for the fiscal quarter 2025 (Q2) is 0.61.

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