Finance Of America Companies Inc. (FOA) Earnings
Finance Of America Companies Inc. is expected to report next earnings on August 4, 2026 (in NaN days), with a consensus EPS estimate of $1.12. FOA has beaten EPS estimates in 4 of its last 10 reported quarters (average surprise +22.5% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 5, 2026 | $0.84 | $1.10 | +31.0% | $120M | +4.2% |
| Mar 10, 2026 | $0.65 | $0.69 | +6.6% | — | — |
| Nov 4, 2025 | $0.65 | $1.33 | +105.6% | $81M | -26.1% |
| Mar 11, 2025 | $0.45 | $0.21 | -53.3% | $289M | +266.6% |
| Mar 6, 2024 | $-0.80 | $-0.90 | -12.5% | $11M | -82.6% |
| Mar 13, 2023 | $-0.60 | $-3.00 | -400.0% | $94M | -34.4% |
| Nov 9, 2022 | $-0.60 | $-1.00 | -66.7% | $71M | -71.5% |
| Aug 4, 2022 | $1.40 | $-1.20 | -185.7% | $141M | -56.3% |
| Mar 2, 2022 | $3.50 | $3.70 | +5.7% | $383M | -13.7% |
| Aug 11, 2021 | $3.80 | $3.00 | -21.1% | $389M | +0.0% |
| May 28, 2021 | — | $51.59 | — | $451M | — |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 5, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
• First quarter 2026 was outstanding with operational momentum and originations driving volume acceleration, excellent profitability in portfolio management, and improvement in financial results, liquidity, and capital position. • Rolled out a new second lien reverse mortgage line of credit. • PHH transaction modified to close in two phases: first phase (origination, marketing of products and subservicing) expected to close in May, second phase (purchase of HECM servicing rights) to follow after working with primary regulator. • Overall originations up 6% year over year, submissions reached new high of $918 million up 20% year over year, Home Safe Seconds up 32% year over year and new line of credit option rolled out. • Funnel top momentum strong with inquiry volume up 84% vs 2025 average, cost per inquiry down 19%, opportunities up, and early conversion progress with digital pre-qualification doubling sequentially and submissions per loan officer at record high. • AI platform Helix and Joy driving improvements in matching customers and top-of-funnel marketing. • Portfolio management results benefited from favorable market conditions and execution timing within the quarter.
Guidance
• Maintained funded volume outlook for 2026 at $2.8 to $3.1 billion. • Increased guidance for full-year adjusted earnings per share to between $4.50 and $5 per share, reflecting strong first quarter performance and business momentum.
Segment performance
Retirement solutions (originations platform) had adjusted net income of $14 million, down from the fourth quarter due to seasonality but up substantially year over year. Portfolio management generated $28 million in adjusted net income for the quarter, driven primarily by $1.7 billion of securitization activity across both proprietary reverse and HECM buyouts. Corporate segment adjusted earnings was materially in line with prior quarters, reflecting reduced non-funding interest expense offset by investments in technology. In terms of revenue contribution, retirement solutions are the origination platform, portfolio management contributed strongly due to securitization activity, and corporate segment is more about overhead and non-funding debt impact.
Risks & headwinds
No detailed discussion of specific risk factors in the provided transcript
Analyst Q&A
Q: On origination volume, why was March stronger than February and January and if the volume seen in March persisted through April and into beginning of May?
A: There's normal seasonality with lead generation capabilities curtailed in November and December leading to lower fundings in January and February, but lead flow starts to kick in in February and March, and the work on Helix was producing results in March and expected to continue.
Q: On funded volume by product, any changes in demand or how homeowners are interacting with HECM and proprietary products?
A: Homeowners choose product based on needs like proceeds relative to debt and home value. Proprietary product gaining traction for those happy with low-interest first mortgage and wanting to tap home equity without another payment.
Q: Updates on PHH acquisition?
A: Transaction bifurcated into first phase (origination, marketing of products and subservicing) expected to close in May, second phase (purchase of HECM servicing rights) to follow after working with primary regulator for approvals.