NASDAQ$FTDR
Frontdoor Inc. · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Frontdoor reported an 8% increase in revenue and a net income of $2 million for Q4 2020.
Frontdoor Inc. announced solid Q4 2020 results with an 8% increase in revenue to $323 million. However, net income decreased significantly to $2 million, and adjusted EBITDA fell by 33% to $32 million due to increased contract claims, sales and marketing, and customer service costs.
- Revenue increased by 8% to $323 million.
- Net income was $2 million, a decrease from $19 million in the prior year.
- Adjusted EBITDA decreased by 33% to $32 million.
- The company is focused on initiatives to drive double-digit revenue growth and improve customer retention.
Headline financials
Revenue & EPS history
Frontdoor · Revenue · Quarterly
$323M
Revenue by segment
Frontdoor · $226M total across 2 segments · Q4 2020
- Renewals$220M+7.8%97.3%
- Non-warranty and other$6M+100.0%2.7%
Forward guidance
Frontdoor anticipates revenue between $1.63 billion and $1.65 billion for the full year 2021 and expects first-quarter revenue between $325 million and $330 million.
Tailwinds
- Revenue of $1.63 billion to $1.65 billion for full-year 2021, approximately 11% to 12% higher than the prior year.
- Gross profit margin of approximately 48% for full-year 2021.
- Capital expenditures of $35 million to $45 million, primarily consisting of technology investments.
- First-quarter 2021 revenue of $325 million to $330 million.
- Adjusted EBITDA of $30 million to $35 million for first-quarter 2021.
Headwinds
- Adjusted EBITDA of $280 million to $300 million for full-year 2021.
- Gross profit margin reflects a continuation of higher appliance service requests into the first half of 2021.
- Adjusted EBITDA reflects a continuation of higher service request demand.
- Adjusted EBITDA reflects additional investments in automation.
- The company anticipates higher inflation.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2020
+1.5%
Avg return
Earnings day
+1.6%
Avg return
5 days after
-0.1%
Avg return
30 days after
59%
20 / 34 earnings
Positive
+25.0%
Q1 2025
Best reaction
-34.2%
Q4 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +13.3% | +8.8% | +2.3% | |
| Q4 2025 | +16.9% | +22.8% | -4.7% | |
| Q3 2025 | -15.8% | -24.1% | -19.3% | |
| Q2 2025 | -4.0% | -6.2% | +8.2% | |
| Q1 2025 | +25.0% | +30.0% | +33.8% | |
| Q4 2024 | -19.2% | -26.4% | -33.5% | |
| Q3 2024 | +10.7% | +17.9% | +19.9% | |
| Q1 2024 | +12.6% | +16.8% | +15.0% | |
| Q4 2023 | -5.1% | -6.8% | -1.4% | |
| Q3 2023 | +13.4% | +21.2% | +19.5% | |
| Q2 2023 | +5.6% | +4.6% | -4.8% | |
| Q1 2023 | +11.7% | +15.1% | +19.5% | |
| Q4 2022 | +4.3% | +1.6% | -1.3% | |
| Q3 2022 | +12.9% | +12.2% | +12.8% | |
| Q2 2022 | -0.9% | -5.4% | -12.5% | |
| Q1 2022 | -12.9% | -14.3% | -21.4% | |
| Q4 2021 | -6.6% | -8.1% | -11.9% | |
| Q3 2021 | -11.8% | -6.7% | -16.5% | |
| Q2 2021 | -13.8% | -14.7% | -14.2% | |
| Q1 2021 | +2.0% | +1.6% | +1.0% | |
| Q4 2020 | -1.3% | -3.9% | -0.2% | |
| Q3 2020 | +4.0% | +9.0% | +9.1% | |
| Q2 2020 | +7.0% | +3.8% | +0.1% | |
| Q1 2020 | +5.5% | +6.2% | +12.5% | |
| Q4 2019 | -2.1% | +0.9% | -20.1% | |
| Q3 2019 | -5.3% | -4.7% | -3.9% | |
| Q2 2019 | +16.5% | +14.9% | +17.5% | |
| Q1 2018 | +0.2% | -0.7% | +4.0% | |
| Q1 2019 | +11.9% | +12.0% | +17.6% | |
| Q4 2016 | +12.7% | +13.0% | +8.9% | |
| Q2 2018 | +12.7% | +13.0% | +8.9% | |
| Q4 2018 | +13.6% | +25.2% | +22.2% | |
| Q4 2017 | -34.2% | -36.6% | -35.4% | |
| Q3 2018 | -29.0% | -36.4% | -36.0% |
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