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FOA News and Press, Finance of America Companies Inc. Class A From 04/03/23

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Company Name: Finance of America Companies Inc. Class A
Stock Symbol: FOA
Market: NYSE
Website: financeofamerica.com

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FOA - Finance of America Marks New Chapter in its Strategic Vision to Create Modern Retirement Solutions Centered on the Home

Company’s Retirement Solutions Platform Bolstered with the Acquisition of Assets of Reverse Mortgage Lender American Advisors Group, and Promotions of Graham A. Fleming to Chief Executive Officer and Kristen N. Sieffert to President Finance of America Companies Inc. (NYSE: FOA ...

FOA - Finance of America Companies, Inc. (FOA) Q4 2022 Earnings Call Transcript

2023-03-13 21:58:07 ET Finance of America Companies, Inc. (FOA) Q4 2022 Earnings Conference Call March 13, 2023, 05:00 PM ET Company Participants Michael Fant - SVP, Finance Graham Fleming - President and Interim CEO Johan Gericke - CFO Conference Call Part...

FOA - Finance Of America Companies Inc. 2022 Q4 - Results - Earnings Call Presentation

2023-03-13 20:37:19 ET The following slide deck was published by Finance Of America Companies Inc. in conjunction with their 2022 Q4 earnings call. For further details see: Finance Of America Companies Inc. 2022 Q4 - Results - Earnings Call Presentation

FOA - Finance of America Non-GAAP EPS of -$0.30 misses by $0.24, revenue of $94M misses by $64.15M

2023-03-13 16:41:08 ET Finance of America press release ( NYSE: FOA ): Q4 Non-GAAP EPS of -$0.30 misses by $0.24 . Revenue of $94M (-75.5% Y/Y) misses by $64.15M . Cash and cash equivalents ended the fourth quarter at $97 million. For further details ...

FOA - Finance of America Reports Fourth Quarter and Full Year 2022 Results

– Net loss for the year of $716 million or $3.06 basic loss per share entirely attributable to balance sheet adjustments and Mortgage Originations segment which has been discontinued – – Adjusted net loss* of $61 million for the year, entirely attributable to business...

FOA - Finance of America Announces Fourth Quarter and Full Year 2022 Earnings Release and Conference Call on March 13, 2023

Finance of America Companies Inc. (“Finance of America”) (NYSE: FOA), a leading specialty finance solutions platform, today announced that it will release results for the fourth quarter and full year ended December 31, 2022 after market closing on Monday, March 13, 2023. Web...

FOA - Finance of America to sell its commercial lending business to Roc Capital

Finance of America ( NYSE: FOA ) said Monday it agreed to sel l its commercial lending business, Finance of America Commercial, to Roc Capital Holdings, a digital platform for residential real estate investors. Under the agreement, Roc Capital will pay up to $30M over a three-...

FOA - Finance of America Issues Statement on the Proposed Sale of Commercial Lending Business

Finance of America Companies Inc. (NYSE: FOA ) (“FOA” or the “Company”), a leading specialty finance and solutions platform, issued the following statement today from FOA Interim Chief Executive Officer Graham A. Fleming regarding the entry into an agreement for th...

FOA - Wedgewood Partners Fourth Quarter 2022 Client Letter

Summary Wedgewood Partners is a money manager founded in 1988 with the goal of providing investors with a superior approach to managing investment portfolios. The results for the typical investor in 2022 were likely worst still as many investors (including Wedgewood) had a meaningful we...

FOA - Finance of America Issues Statement on the Proposed Sale of Incenter's Title Insurance Business

Finance of America Companies Inc. (NYSE: FOA ) (“FOA” or the “Company”), a leading specialty finance and solutions platform, issued the following statement today from FOA Interim Chief Executive Officer Graham A. Fleming regarding the entry into an agreement for th...

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