NYSE$ADT

ADT Inc. · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported solid results with revenue, subscribers, and end of period RMR all increasing year over year, and announced pending acquisition of Sunpro Solar.

ADT Inc. reported a 1% year-over-year increase in total revenue, reaching $1,317 million, driven by a 5% increase in monitoring and related services revenue. Net loss improved to $109 million from $113 million in the prior year. The company announced a definitive agreement to acquire Sunpro Solar for approximately $825 million.

  • Monitoring and related services revenue increased 5%.
  • Gross recurring monthly revenue (RMR) additions grew 7%.
  • End of period RMR of $356 million increased by 4%.
  • Commercial performance improves with revenue growing 18%.

Headline financials

Total Revenue

$1.32B

Previous: $1.3B+1.4%
EPS (adj)

-$0.07

Previous: -$0.08+12.5%
Capital Expenditures

-$127M

Previous: -$112M-12.8%
Free Cash Flow

-$236M

Previous: -$225M-4.6%
Net Income

-$109M

Previous: -$113M+3.5%
Operating Income

$23.1M

Previous: $62.9M-63.3%
Cash & Equivalents

$61.2M

Previous: $489M-87.5%
Total Assets

$16B

Previous: $16.4B-2.1%

Revenue & EPS history

ADT · Revenue · Quarterly

$1.32B

Q3 2021+1.4%vs Q3 2020
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

The Company remains on track to meet its 2021 guidance and is narrowing the ranges provided earlier in the year.

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 Q3 2021

Historical avgQ3 2021

-2.2%

Avg return

Earnings day

-3.8%

Avg return

5 days after

-1.7%

Avg return

30 days after

46%

17 / 37 earnings

Positive

+13.9%

Q3 2024

Best reaction

-25.8%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+5.0%-2.2%-6.6%
Q4 2025+2.0%-18.3%-18.3%
Q3 2025-7.9%-5.9%-7.7%
Q1 2025-2.0%+0.9%+3.9%
Q4 2024+7.8%+0.8%+7.6%
Q3 2024+13.9%+6.2%+9.0%
Q2 2024-10.9%-9.1%-6.3%
Q1 2024+0.8%+1.9%+13.2%
Q4 2023+11.2%+12.3%+2.9%
Q3 2023+9.9%+9.1%+10.8%
Q2 2023+5.2%+6.3%-5.5%
Q1 2023-20.7%-13.5%-15.2%
Q4 2022-3.3%-2.4%-8.9%
Q3 2022+2.9%+5.6%+18.2%
Q2 2022+9.7%+7.4%-1.4%
Q1 2022-3.4%-7.0%+2.9%
Q4 2021+7.8%+3.8%+3.8%
Q3 2021-0.6%+1.1%-5.1%
Q2 2021-13.5%-14.0%-17.9%
Q1 2021+3.1%+2.7%+19.6%
Q4 2020-25.8%-30.0%-19.9%
Q3 2020+4.3%+5.9%+22.3%
Q2 2020-5.9%-6.6%-19.4%
Q1 2020+2.2%+4.9%+51.4%
Q4 2019-12.6%-22.6%-38.4%
Q3 2019+8.0%+8.5%+9.1%
Q2 2019-7.1%-11.9%-5.3%
Q1 2019-11.6%-8.9%-13.2%
Q4 2016-11.0%-12.3%-9.6%
Q4 2018-11.0%-12.3%-9.6%
Q3 2017+5.8%+5.8%+0.4%
Q3 2018+10.7%+1.8%+1.8%
Q2 2017-6.1%-6.1%-7.2%
Q2 2018-7.4%+0.0%-3.8%
Q1 2018-7.6%-14.8%-4.1%
Q1 2017-7.6%-14.8%-4.1%
Q4 2017-14.5%-12.2%-11.9%
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012

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