{
  "id": 18302594,
  "title": "Frontdoor beats third quarter estimates on revenue growth",
  "url": "https://urgent.news/2026/11/05/frontdoor-beats-third-quarter-estimates-on-revenue-growth",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-05T12:22:05.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/earnings/frontdoor-beats-third-quarter-estimates-on-revenue-growth-93CH-5003627"
  },
  "original_language": "en",
  "account": "On Thursday, Frontdoor, Inc. (NASDAQ:FTDR) announced its third quarter financial results, which surpassed expectations. Adjusted earnings per share (EPS) of $1.81 exceeded the consensus estimate of $1.77 by $0.04. The home warranty provider's shares remained flat in after-hours trading. Revenue for the quarter was $655 million, outpacing the $647.73 million consensus and marking a 6% increase from $618 million in the same period last year. Revenue growth was fueled by a 3% rise in realized pricing and 3% increase in volume.\n\nRenewal revenue, which constitutes the primary portion of sales at $479 million, grew 4% year-over-year (YoY). The \"Other\" revenue category expanded by 32%, mainly attributable to the company's New HVAC upgrade program. Frontdoor CEO Bill Cobb expressed pride in the team's performance, stating, \"I am proud of how our team produced strong third-quarter results while providing exceptional service for our members during the hottest summer on record.\" The company's net income increased by 10% to $116 million, and adjusted EBITDA rose by 5% to $205 million. Operating cash flow reached $318 million, and free cash flow generated $298 million during the nine-month period.\n\nIn the current fiscal year, Frontdoor issued revenue guidance of $2.205 billion to $2.215 billion, with the midpoint ($2.21 billion) slightly surpassing the analyst consensus of $2.2 billion. The company anticipates adjusted EBITDA of $590 million to $600 million and projects a 6% revenue growth over 2025. The board of directors approved a new $1 billion share repurchase authorization, effective November 2026, following the completion of the current $650 million authorization in November.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Hollywood Reporter",
        "title": "Imax Posts Record Revenue, Profit Growth With ‘The Odyssey’ in Third Quarter",
        "url": "https://urgent.news/2026/11/05/imax-posts-record-revenue-profit-growth-with-the-odyssey-in-third",
        "published": "2026-11-05T12:53:30.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}