Frontdoor Inc. (FTDR) is projected to earn $1.49 per share for the current quarter, marking an 8.0% year-over-year increase, and $3.90 per share for the full year, reflecting a 16.4% rise compared to the prior year. Over the past 30 days, the Zacks Consensus Estimate for the company has increased by 16.93% for the current quarter and 12.56% for the full year, with all four analysts raising their earnings forecasts.
The company has achieved a Zacks Rank #1 (Strong Buy), largely due to strong earnings estimate revisions driven by analyst optimism. Historically, Zacks #1 Ranked stocks have generated an average annual return of +25% since 2008.
Recent stock performance indicates a 6.2% gain over the past four weeks, bolstered by favorable earnings growth prospects.
