Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Home Point Capital's Earnings: A Preview

Author: Benzinga Insights | March 08, 2023 01:02pm

Home Point Capital (NASDAQ:HMPT) is set to give its latest quarterly earnings report on Thursday, 2023-03-09. Here's what investors need to know before the announcement.

Analysts estimate that Home Point Capital will report an earnings per share (EPS) of $-0.20.

Home Point Capital bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company missed EPS by $0.37, which was followed by a 8.54% increase in the share price the next day.

Here's a look at Home Point Capital's past performance and the resulting price change:

Quarter Q3 2022 Q2 2022 Q1 2022 Q4 2021
EPS Estimate -0.21 -0.11 -0.02 0.07
EPS Actual -0.58 -0.34 -0.29 -0.09
Price Change % 8.54% 1.56% 4.31% -3.06%

eps graph

Stock Performance

Shares of Home Point Capital were trading at $1.85 as of March 07. Over the last 52-week period, shares are down 41.85%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all earnings releases for Home Point Capital visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: HMPT

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist