UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________________________________________ FORM 10-Q ________________________________________________ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-38617 Frontdoor, Inc. (Exact name of registra ...

Frontdoor (FTDR) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.43 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 72.97%. A quarter ago, it was expected that this home services provider would post earnings of $0.11 per share when it actually produced earnings of $0.27, delivering a surprise of 145.45%.Over the last four quarters, th ...

Frontdoor (FTDR) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Speaker0 and gentlemen, welcome to Frontdoor's First Quarter twenty twenty five Earnings Call. Today's call is being recorded and broadcast on the Internet. Beginning today's call is Matt Davis, Vice President of Investor Relations and Treasurer. He will introduce the other speakers on the call. At this time, we will begin today's call. Please go ahead, Mr. Davis. Speaker1 Thank you, operator. Good morning, everyone, and thank you for joining F ...

Chairman & Chief Executive Officer First-Quarter 2025 Earnings Webcast Bill Cobb Jessica Ross Matt Davis May 1st, 2025 1 Today's Presenters 2 Forward Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, in particular, projected future performance and any statements about Frontdoor's plans, strategies and prospects. Forward-looking sta ...

Exhibit 99.1 Frontdoor Delivers Outstanding Financial Results in First-Quarter 2025 Revenue Increased 13% to $426 Million; Gross Profit Margin Increased 380 Basis Points to 55%; Net Income Increased 9% to $37 Million; Adjusted EBITDA(1) Increased 41% to $100 Million; Repurchased $105 Million of Shares YTD Through April 2025; Increasing Full Year Revenue, Adjusted EBITDA and Share Repurchase Outlook MEMPHIS, TENN. — May 1, 2025 — Frontdoor, Inc. (NASDAQ: FTDR), the nation's leading provider of home warrantie ...

Company Overview - Frontdoor, Inc. (NASDAQ: FTDR) is a leading provider of home warranty plans in the United States, primarily generating revenue through its subsidiary, American Home Shield (AHS), which is the largest home warranty provider in the country [1]. Investment Strategy - The company is positioned as a value investment opportunity, focusing on long-term growth potential at reasonable prices. It is particularly attractive for investors looking for companies undergoing strategic changes that can correct stock prices back to their intrinsic value [1]. Competitive Advantages - The analysis emphasizes the importance of understanding company strategies and competitive advantages, which are crucial for assessing future prospects and potential returns for investors [1].

Core Insights - Frontdoor, Inc. held its Investor Day and announced its Q4 and full-year 2024 earnings results on February 27, 2025 [1] - The earnings press release and 10-K filing were made available before market opening on the same day [3] Company Overview - Key participants in the conference included executives such as Bill Cobb (CEO), Jessica Ross (SVP & CFO), and other senior leaders [1] - The Investor Day presentation included forward-looking statements that are subject to various risks and uncertainties [3][4] Financial Performance - The company provided insights into its financial results for Q4 and the full year of 2024 during the presentation [3] - Detailed financial data and performance metrics were likely discussed, although specific figures were not included in the provided text [3]

Financial Data and Key Metrics Changes - In 2024, Frontdoor achieved a gross margin of 54%, an all-time high compared to a low of 43% in 2022, indicating significant improvement in operational efficiency [16][17][23] - The retention rate increased from 75.7% in 2022 to 78.5% in 2024, marking another all-time high for the company [17][134] - The share price rose from $24.15 when the current CEO took over in June 2022 to $57.17, representing a 137% increase [22] Business Line Data and Key Metrics Changes - The non-warranty services revenue reached $107 million in 2024, showcasing growth in this segment [19] - The acquisition of 210 Homebuyers Warranty is expected to diversify the business and enhance revenue and EBITDA [18][72] Market Data and Key Metrics Changes - The home services industry is valued at approximately $500 billion, with the home warranty category valued at about $4 billion, indicating significant growth potential [61][63] - Frontdoor holds a 46% market share in the home warranty category, with over 2 million members [64] Company Strategy and Development Direction - The company aims to grow in both warranty and non-warranty services, evolving from a repair or replace model to a full-service home protection model [25][80] - Strategic priorities include growing and retaining new warranty members, scaling non-warranty revenue, and optimizing the integration of the 210 acquisition [68][70] Management's Comments on Operating Environment and Future Outlook - The management highlighted the challenges faced in the macroeconomic environment, including high inflation and supply chain issues, but expressed optimism about the company's transformation and growth potential [13][24] - The integration of 210 is expected to unlock significant synergies, enhancing profitability and delivering value to shareholders [78] Other Important Information - The company has returned excess cash to shareholders through share buybacks, with a new authorization of $650 million initiated in September 2024 [20][21] - The launch of the AHS app and the introduction of video chat with experts are expected to enhance member experience and retention [116][124] Q&A Session Summary Question: What are the expectations for the impact of the 210 acquisition? - Management expressed increased optimism about the 210 acquisition's impact, highlighting its potential for member growth and revenue diversification [18][72] Question: How does the company plan to address the challenges in the real estate market? - The company is leveraging data and technology to optimize marketing investments and maintain strong relationships with real estate agents, preparing for a market recovery [132] Question: What strategies are in place to improve member retention? - The company focuses on enhancing member experience through usage, onboarding, and autopay sign-ups, with a strong emphasis on service utilization to drive renewals [134]

Frontdoor (FTDR) reported $383 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 4.6%. EPS of $0.27 for the same period compares to $0.20 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $368.3 million, representing a surprise of +3.99%. The company delivered an EPS surprise of +145.45%, with the consensus EPS estimate being $0.11.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall St ...

Group 1 - Frontdoor reported quarterly earnings of $0.27 per share, exceeding the Zacks Consensus Estimate of $0.11 per share, and showing an increase from $0.20 per share a year ago, representing an earnings surprise of 145.45% [1] - The company achieved revenues of $383 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.99%, and up from $366 million year-over-year [2] - Frontdoor has consistently outperformed consensus EPS estimates over the last four quarters, achieving this four times [2] Group 2 - The stock has gained approximately 4.6% since the beginning of the year, outperforming the S&P 500's gain of 1.3% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The trend of estimate revisions for Frontdoor is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Group 3 - The current consensus EPS estimate for the upcoming quarter is $0.42 on revenues of $382.36 million, and for the current fiscal year, it is $3.20 on revenues of $1.95 billion [7] - The Building Products - Miscellaneous industry, to which Frontdoor belongs, is currently ranked in the bottom 25% of over 250 Zacks industries, which may impact stock performance [8] - Another company in the same industry, Quanex Building Products, is expected to report a quarterly loss of $0.06 per share, with a significant year-over-year change of -133.3% [9]