FOA

This article first appeared on GuruFocus. Adjusted Net Income: $19 million, or $0.84 per share, in Q2 2026. First-Half Adjusted Net Income: $45 million, or $1.94 per share, an 81% improvement over the first half of 2025. GAAP Net Loss: $29 million for Q2 2026, impacted by non-cash fair value adjustments. Funded Volume: $730 million in reverse mortgages funded in Q2, a 21% increase year over year. Submissions: Exceeded $1 billion during the quarter, up approximately 11% sequentially and 19% year over year. Retail Funded Loans: Increased 33% year over year, with funded loans per call center loan officer up nearly 30% from Q1. Proprietary Product Submissions: Increased approximately 20% during the quarter. Proprietary Product Fundings: Increased approximately 25% during the quarter. Cash Generation: $58 million from originations and capital markets activities in Q2; approximately $116 million for the first half of 2026. Retirement Solutions Adjusted Net Income: 21% increase in the first half of 2026 on 14% higher funding volume. Portfolio Management Adjusted Net Income: $46 million for the first half of the year, a 24% improvement over the first half of 2025. HECM MSR Adjusted Net Asset Value: $326 million as of June 30, with financing of only $46 million (roughly 14% leverage). Full-Year Guidance: Reaffirmed funded volume between $2.8 billion and $3.1 billion, and adjusted EPS between $4.50 and $5.00 per share. Warning! GuruFocus has detected 4 Warning Signs with FOA. Is FOA fairly valued? Test your thesis with our free DCF calculator. Release Date: August 04, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Adjusted net income of $19 million, or $0.84 per share, in Q2 2026, with first-half adjusted EPS of $1.94, an 81% improvement year-over-year. Strong demand with submissions exceeding $1 billion in Q2, up 11% sequentially and 19% year-over-year, and funded volume up 21% year-over-year to $730 million. Improved operational efficiency, with funded loans per call center loan officer up nearly 30% sequentially and retail funded loans up 33% year-over-year. Completed the acquisition of a $5.2 billion HECM MSR portfolio from Onity, diversifying servicing footprint and creating cross-selling opportunities. Generated $58 million in cash from originations and capital markets activities in Q2, enabling debt interest payments and maintaining strong cash balances. Reaffirmed full-year guidance of funded volume between $2.8 billion and $3.1 billion and adjusted EPS between $4.50 and $5.00. Proprietary product submissions and fundings increased approximately 20% and 25%, respectively, expanding the addressable market. GAAP net loss of $29 million in Q2, driven by $84 million in non-cash fair value adjustments, including a $24 million charge related to convertible notes due to stock price increase. Interest rate volatility negatively impacted gain on sale margins, particularly on the proprietary side, with potential for continued margin volatility. Tangible equity value per share declined slightly in Q2, primarily due to the GAAP loss from fair value adjustments. Higher personnel and marketing expenses in Retirement Solutions to support future production, which could pressure near-term profitability. The company's primary capital allocation focus is retiring $150 million of senior secured notes in November, potentially delaying other shareholder returns like buybacks or dividends. Fair value of portfolio is subject to volatility from interest rates, home price appreciation, and credit spreads, with potential for further markdowns in July due to rising rates. Q: Can you talk about gain on sale margin in the quarter for HECM product and HomeSafe product, and how that trended relative to the first quarter?A: Matt Engel (CFO) noted that interest rate volatility created some volatility in gain on sale margins. HECM spreads remained tight with little change, while the proprietary side saw some impact from executed securitization prices. He explained that when rates move suddenly, the company doesn't always choose to reprice its pipeline to avoid customer disruption, which creates margin volatility, though they can manage this better over the long term. Q: On the Onity acquisition, can you talk about the kind of the impact of the bottom line? I know there's two parts to it, but what's closed -- how do you think about that just beyond diversification of services?A: Matt Engel (CFO) stated that the acquired asset had a book value of roughly $70 million, and the company expects to earn a yield in the mid-teens, which will flow through the P&L in the second half of the year. He confirmed this is incorporated into the current full-year guidance. Q: Rates have obviously moved a lot since June 30. Do you have any update on kind of -- I know it's a GAAP mark and it's subject to a lot of volatility, but any update on where book value is today on a tangible basis?A: Matt Engel (CFO) acknowledged that rates moved up considerably in July, which would typically result in a fair value write-down, but noted the first four days of August have reversed that trend somewhat. Graham Fleming (CEO) added that fair value is a "three-legged stool" driven not just by rates, but also by home price appreciation, which remains strong, and credit spreads, which will be updated in the September transaction. Q: I wanted to ask you on your comments around demand and submission volume. I was wondering if you're seeing any difference between the demand for your proprietary product and (inaudible) products.A: Kristen Sieffert (President) said the company has seen growing demand for proprietary products, primarily because they offer better cash flow to consumers. The amount available changes as interest rates change, so demand lands wherever the product is best suited for customers, and currently that's with the proprietary channel. Q: Just in mind, it'd be great to get an update if there's anything meaningful on the Helix platform and then the Joy AI. There's a slide in the last deck last quarter, and I was just wondering if there's any meaningful update there and kind of what you're seeing in the -- accelerating operating leverage through more production, if that's what's driving it.A: Kristen Sieffert (President) confirmed that the Helix and Joy AI platforms are the foundational drivers of the improvements seen in the quarter. The productivity gains from loan officers and improvements in the digital funnel metrics she shared earlier are all being driven through these AI platforms. Q: Under the MSR portfolio acquisition behind us and looking forward to the $150 million of potential debt repurchase, it kind of sounds like share buyback might be on hold until that event. Is that the right way to think about it? Or can you provide a little more color on how you're thinking about capital allocation before the potential repurchase of $150 million?A: Matt Engel (CFO) confirmed that the primary focus is retiring the $150 million senior secured notes in November. After that, at the next quarterly release, the company will have a better sense of where the stock is trading and how the balance sheet looks to make decisions on further deleveraging, stock repurchases, dividends, or business investment. Q: And as a follow-up, I wanted to ask you on your tangible equity value per share. It seems like it was slightly lower than 1Q. Can you help us understand why the tangible equity value went lower this quarter?A: Matt Engel (CFO) explained that the decline is primarily driven by the reported GAAP loss for the quarter, which includes the significant non-cash fair value adjustments on the portfolio. Q: Can you help tie the $58 million of cash flows you guys referring to in Q2 to the $19 million of ANI?A: Matt Engel (CFO) suggested the best way to bridge the gap is through the 10-Q filing later that week, which provides additional information on earnings by segment. He offered to walk through the 10-Q disclosures to help build back to that number. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management attributes the 81% improvement in first-half adjusted net income to a transition from foundational investment to a scalable, productive operating model. The 21% year-over-year increase in funded volume was driven by structural improvements in customer engagement and conversion rather than just top-of-funnel growth. Operational efficiency improved significantly, with retail funded loans per call center officer increasing nearly 30% sequentially due to better pipeline management. The acquisition of a $5.2 billion HECM MSR portfolio from Onity is framed as a strategic move to diversify the servicing footprint and create cross-sell opportunities for proprietary products. Management views the current macroeconomic environment—characterized by high home equity and rising retirement costs—as a durable tailwind for their specialized home equity solutions. Proprietary product demand is strengthening as these solutions currently offer better cash flow to consumers compared to traditional HECM products in the current rate environment. Full-year 2026 guidance is reaffirmed at $2.8 billion to $3.1 billion in funded volume and $4.50 to $5.00 in adjusted EPS, supported by strong submission momentum. The primary capital allocation priority is the retirement of $150 million in senior secured notes due in November 2026 to reduce financing costs and improve recurring earnings. Post-debt retirement, management expects to evaluate a broader range of actions including potential stock repurchases, dividends, or further business investments. Future earnings power is expected to benefit from the compounding effects of AI-enabled technology platforms that have already accelerated time-to-application by approximately 57%. Management anticipates a more normalized effective tax rate going forward following the release of the deferred tax asset valuation allowance. A GAAP net loss of $29 million was primarily driven by $84 million in negative fair value adjustments, largely resulting from interest rate movements and a $24 million non-cash charge related to the company's stock price increase. The Onity MSR acquisition, valued at approximately $70 million, is expected to generate a mid-teens yield and is already incorporated into the full-year 2026 guidance. Management highlighted that tangible equity value was impacted by GAAP fair value marks, which are subject to volatility from interest rates, home price appreciation, and credit spreads. A reporting structure amendment for Class B shares was implemented to provide a clearer view of fully diluted market capitalization without changing economic ownership. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management noted growing demand for proprietary products because they currently offer better cash flow to consumers as interest rates fluctuate. The choice between products is typically driven by which option provides the most equity access for the customer at current market rates. Management explicitly stated that share buybacks are likely on hold until the $150 million debt retirement is completed in November. Decisions regarding buybacks or dividends will be evaluated in late 2026 based on stock price, balance sheet strength, and the 2027 outlook. Interest rate volatility created some margin pressure; while HECM spreads remained tight, proprietary securitization pricing saw some impact. Management occasionally chooses not to reprice the pipeline during sudden rate moves to avoid customer disruption, which can cause short-term margin volatility. The 'Helix' and 'Joy AI' platforms are the foundational drivers behind recent productivity gains and digital funnel improvements. These technologies helped the company reach its year-end prequalification targets six months ahead of schedule.

Interested in Finance of America Companies Inc.? Here are five stocks we like better. Finance of America reported strong adjusted results: Second-quarter adjusted net income rose to $19 million, or $0.84 per share, while first-half adjusted earnings increased 81% year over year to $45 million. The company reaffirmed full-year guidance of $2.8 billion-$3.1 billion in funded volume and $4.50-$5.00 in adjusted EPS. Reverse-mortgage production and operating efficiency improved: Second-quarter funded volume increased 21% year over year to $730 million, with retail funded loans up 33% and loans per call-center officer up nearly 30% sequentially. Digital tools, proprietary products and AI initiatives contributed to higher submissions and conversion. GAAP results were pressured by non-cash valuation adjustments, while capital priorities remain debt-focused: The company posted a $29 million GAAP loss due largely to $84 million in negative fair-value adjustments. Management plans to repay its remaining $150 million of senior secured notes in November before considering share repurchases, dividends or additional investments. Fast-Growing Companies That Are Still Undervalued Finance of America Companies (NYSE:FOA) reported second-quarter adjusted net income of $19 million, or $0.84 per share, as higher reverse-mortgage production and cash generation supported its full-year outlook despite a GAAP net loss tied largely to fair-value adjustments. For the first half of 2026, the company generated adjusted net income of $45 million, or $1.94 per share, representing an 81% increase from the first half of 2025, Chief Executive Officer Graham Fleming said during the company’s earnings call. Finance of America reaffirmed its full-year guidance for funded volume of $2.8 billion to $3.1 billion and adjusted earnings per share of $4.50 to $5.00. → SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control Finance of America funded $730 million of reverse mortgages during the second quarter, up 21% from a year earlier. Originations for the first half rose 14% compared with the prior-year period, according to Fleming. President Kristen Sieffert said quarterly submissions exceeded $1 billion, rising about 11% sequentially and 19% year over year, even as interest rates increased. The company attributed the growth to investments in distribution, technology and proprietary products. → 3 Drone Stocks That Should Soar After the Summer Slump Retail-channel results showed improving conversion and sales productivity. Retail opportunities rose 9%, submissions increased 19% and funded loans climbed 33%, while sales capacity remained stable. Funded loans per call-center loan officer increased nearly 30% from the first quarter, Sieffert said. The company’s digital pre-qualification engine was also a source of customer engagement. About 10,000 website visitors used the tool in June, reaching Finance of America’s year-end monthly target six months early. Monthly pre-qualification offers rose nearly 90% from the first quarter, while time to application improved about 57%. → Why Rare Earth Processing Could Be the Real 2027 Opportunity Sieffert said the company’s technology and artificial-intelligence capabilities, including its Helix platform and Joy AI initiatives, were supporting productivity improvements across loan-officer operations and the digital funnel. Proprietary products continued to expand, with proprietary submissions increasing approximately 20% and fundings rising about 25% during the quarter. In response to an analyst question, Sieffert said demand for proprietary products has increased because those offerings currently provide better consumer cash flow in the prevailing rate environment. She said demand generally shifts toward the product best suited to an individual customer. Finance of America recorded a GAAP net loss of $29 million in the second quarter, compared with adjusted net income of $19 million. Chief Financial Officer Matt Engel said the difference was driven primarily by $84 million of negative non-cash fair-value adjustments, as well as certain one-time impacts. The fair-value adjustments included the effects of higher interest rates on the company’s portfolio and a $24 million adjustment related to its convertible notes. Because the notes are carried at fair value and indexed to the company’s stock price, an increase in Finance of America’s share price raised the value of the liability and resulted in a non-cash GAAP expense, Engel said. The company also released its deferred-tax-asset valuation allowance, producing a $42 million tax benefit in the quarter. Engel said the adjustment reflects management’s expectation that future taxable income will support realization of the tax assets, and that investors should expect a more normalized effective tax rate going forward. Adjusted EPS of $0.84 was 53% above the second quarter of 2025. The Retirement Solutions segment generated relatively stable sequential adjusted earnings despite higher personnel and marketing spending intended to support future production, Engel said. For the first half, the segment’s adjusted net income increased 21% on 14% higher funded volume. Portfolio Management completed a securitization of more than $1 billion in June. The segment recognized $46 million in adjusted net income during the first half, up 24% from the prior-year period. Cash generated from originations and capital-markets activities totaled $58 million in the second quarter and approximately $116 million for the first half, the company said. Finance of America used the quarterly cash generation to complete its acquisition of a mortgage servicing rights portfolio associated with a $5.2 billion HECM MSR facility from Onity, make a semiannual interest payment on its non-funding corporate notes and maintain cash balances at quarter-end. Fleming said the Onity transaction, which closed June 30, diversifies the company’s servicing footprint and broadens the group of homeowners it can serve. In response to a question, he said the acquired asset had a book value of roughly $70 million and is expected to generate a yield in the mid-teens, with the contribution flowing through the income statement during the second half. The expected impact is already included in current guidance, he said. Engel said the company’s first capital-allocation priority is retiring its remaining $150 million of senior secured notes in November. The repayment is expected to reduce non-funding debt, lower financing costs and improve recurring earnings. He said potential stock repurchases are unlikely to be a near-term focus before that debt is retired. After the planned debt retirement, Finance of America expects to have greater flexibility for further deleveraging, share repurchases, dividends or business investment, Engel said. As of June 30, the adjusted net asset value of the company’s HECM mortgage-servicing-rights position totaled $326 million, with $46 million of financing, or roughly 14% leverage, according to Engel. The company said it continues to seek additional financing secured by that asset at what it considers a more appropriate attachment point. Engel said rising rates contributed to portfolio markdowns during July, though market movements reversed somewhat during the first days of August. He did not provide a current tangible book value estimate because the company had not closed its July or third-quarter books. Fleming added that fair value is influenced by more than interest rates, including home-price appreciation and credit spreads. The company expects an update on credit spreads through its planned September transaction. Management said it remains focused on expanding reverse-mortgage production, improving operating efficiency, reducing debt and building a more scalable platform for home-equity solutions aimed at older homeowners. Finance of America Companies (NYSE: FOA) is a diversified nonbank financial services firm specializing in mortgage and insurance products for consumers. The company operates across multiple business segments, delivering home financing solutions, retirement products and specialized lending services through a blend of digital and traditional distribution channels. In its mortgage segment, FOA originates and purchases a range of home loans including purchase, refinance, FHA, VA and USDA loans. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Finance of America Companies Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

– $0.10 in basic earnings per share or $1 million of net income attributable to holders of Class A Common Stock for the quarter – – $1.28 in diluted loss per share or $29 million net loss for the quarter – – $0.84 in adjusted earnings per share(1) or $19 million of adjusted net income(1) for the quarter – – $35 million of Adjusted EBITDA(1) for the quarter – PLANO, Texas, August 04, 2026--(BUSINESS WIRE)--Finance of America Companies Inc. ("Finance of America" or the "Company") (NYSE: FOA), a leading provider of home equity-based financing solutions for a modern retirement, reported financial results for the quarter ended June 30, 2026. Second Quarter and Year-to-Date 2026 Highlights(2) Funded volume of $730 million for the quarter, representing a 21% increase year over year. $0.10 in basic earnings per share or $1 million of net income attributable to holders of Class A Common Stock for the quarter. For the first half of 2026, the Company has recognized $1.99 in basic earnings per share or $17 million of net income attributable to holders of Class A Common Stock. $1.28 in diluted loss per share or $29 million net loss for the quarter. For the first half of 2026, the Company recognized $0.41 in diluted earnings per share or $6 million of net income. $0.84 in adjusted earnings per share(1) or $19 million of adjusted net income(1) during the quarter. On a per share basis, this represents a 53% improvement over the second quarter 2025. $1.94 in adjusted earnings per share(1) or $45 million of adjusted net income(1) during the first half of 2026. On a per share basis, this represents a 81% improvement over the first half of 2025. Total equity of $407 million as of June 30, 2026, with total equity attributable to common stock of $297 million, or $33.20 book value per common share. Tangible equity(1) of $246 million, or $13.31 per share(1). Completed the acquisition of Onity HECM servicing portfolio in June 2026. Graham A. Fleming, Chief Executive Officer commented, "The second quarter of 2026 reinforced what we've been communicating over the past several quarters: that the operational improvements and investments we have made are now translating into a stronger, more scalable business. Demand is strengthening, conversion and sales productivity are improving, and our proprietary products are expanding the ways we can serve older homeowners. We believe Finance of America is well positioned to capture the long-term opportunity in home equity and create durable shareholder value." As of June 30, 2026, the Company held $85 million in cash and cash equivalents, an 85% increase from June 30, 2025, reflecting strong cash generation from originations and capital markets activities, which provided the majority of the funding to complete the acquisition of the Onity HECM servicing portfolio. Securitized loans held for investment, total assets, and total liabilities increased by 19% or more over the first quarter following the acquisition of the Onity HECM servicing portfolio on June 30, 2026. Total equity of $407 million as of June 30, 2026, with total equity attributable to common stock of $297 million as of June 30, 2026, or $33.20 book value per common share. Tangible equity(2) totaled $246 million as of June 30, 2026, or $13.31 per share(2) Segment Results Retirement Solutions The Retirement Solutions segment generates revenue from fees earned at the time of loan origination as well as from the initial estimate of net origination gains, with all originated loans accounted for at fair value. For the quarter, funded volume increased 21% to $730 million compared to $602 million in the second quarter of 2025, reflecting growing demand for home equity solutions. Total revenue for the quarter increased by 19% year over year to $74 million, as funded volume increased while revenue margins were relatively stable at 10.1%. Profitability increased significantly as operating leverage improved with scale. For the first half of 2026, pre-tax income increased to $20 million from $14 million in the first half of 2025, a 43% improvement, while adjusted net income(1) increased to $29 million from $24 million in the first half of 2025, a 21% improvement, in line with the growth in revenue. Portfolio Management The Portfolio Management segment primarily generates revenue in the form of net interest income and fair value changes on our portfolio assets, monetized through securitization, sale, or other financing of those assets. For the quarter, pre-tax loss of $26 million reflects negative non-cash fair value adjustments on retained interests in securitizations, partially offset by higher accreted yield on the Company’s residual interests. Year-to-date adjusted net income(1) increased 24% to $46 million compared to $37 million in the first half of 2025, reflecting improved portfolio economics and higher accreted yield. Webcast and Conference Call Management will host a webcast and conference call on Tuesday, August 4, 2026 at 5:00 pm Eastern Time to discuss the Company’s results for the second quarter ended June 30, 2026. A copy of this press release and an accompanying investor presentation will be posted prior to the call under the "Investors" section on Finance of America’s investor-oriented website at https://ir.financeofamericacompanies.com/. To listen to the audio webcast of the conference call, please visit the "Investors" section of the Company’s investor-oriented website at https://ir.financeofamericacompanies.com/. The conference call can also be accessed by dialing the following: 1-833-461-5787 (North America) 1-585-542-9983 (International) Meeting ID: 811219301 Replay A replay of the webcast will be available on the Company’s investor-oriented website approximately two hours after the conclusion of the conference call and will remain available on the "Investors" section of the Company’s website at https://ir.financeofamericacompanies.com/. About Finance of America Finance of America (NYSE: FOA) is a leading provider of home equity-based financing solutions for a modern retirement. In addition, Finance of America offers capital markets and portfolio management capabilities primarily to optimize the distribution of its originated loans to investors. Finance of America is headquartered in Plano, Texas. For more information, please visit Finance of America’s investor-oriented website at www.financeofamericacompanies.com and Finance of America’s consumer-oriented website at www.financeofamerica.com. Forward-Looking Statements This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the United States of America ("U.S.") Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts or statements of current conditions, but instead represent only the Company’s beliefs regarding future events, many of which, by their nature, are inherently uncertain and outside of the control of the Company. These statements include, but are not limited to, statements related to our expectations regarding the performance of our business, our financial results, our liquidity and capital resources, and other non-historical statements. In some cases, you can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "projects," "predicts," "intends," "plans," "estimates," "budgets," "forecasts," "anticipates," or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties that could cause actual outcomes or results to differ materially from those indicated in these statements, including those risks referenced below. Given the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by us or any other person that the results or conditions described in such statements or our objectives and plans will be achieved. The Company cautions readers not to place undue reliance upon any forward-looking statements, which are current only as of the date of this release. Results for any specified quarter are not necessarily indicative of the results that may be expected for the full year or any future period. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based, except as required by law. All subsequent written and oral forward-looking statements concerning the Company or other matters and attributable to the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. A number of important factors exist that could cause future results to differ materially from historical performance and these forward-looking statements. Factors that might cause such a difference include, but are not limited to, those factors indicated in the Company’s filings with the U.S. Securities and Exchange Commission (the "SEC"). All of these factors are difficult to predict, contain uncertainties that may materially affect actual results, and may be beyond our control. New factors emerge from time to time, and it is not possible for our management to predict all such factors or to assess the effect of each such new factor on our business. Although we believe that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and any of these statements included herein may prove to be inaccurate. Please refer to "Risk Factors" included in our Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 13, 2026, for further information on risk factors affecting us, as such factors may be amended and updated from time to time in the Company’s subsequent periodic filings with the SEC, which are or will be accessible on the SEC’s website at www.sec.gov. Non-GAAP Financial Measures The Company’s management evaluates performance of the Company through the use of certain financial measures that are not prepared in accordance with U.S. generally accepted accounting principles ("GAAP"), including adjusted net income (loss), adjusted earnings before interest, taxes, depreciation, and amortization ("EBITDA"), adjusted earnings (loss) per share, tangible equity, and tangible equity per share. The presentation of non-GAAP measures is used to enhance investors’ understanding of certain aspects of our financial performance. This discussion is not meant to be considered in isolation, superior to, or as a substitute for the directly comparable financial measures prepared in accordance with U.S. GAAP. Management believes these key financial measures provide an additional view of our performance over the long-term and provide useful information that we use in order to maintain and grow our business. These non-GAAP financial measures should not be considered as an alternative to net income (loss), operating cash flows, or any other performance measures determined in accordance with U.S. GAAP. Adjusted net income (loss), adjusted EBITDA, adjusted earnings (loss) per share, tangible equity, and tangible equity per share have important limitations as analytical tools and should not be considered in isolation or as a substitute for analysis of our results as reported under U.S. GAAP. Some of the limitations of these metrics are: (i) cash expenditures for future contractual commitments; (ii) cash requirements for working capital needs; (iii) cash requirements for certain tax payments; and (iv) all non-cash income/expense items. Because of these limitations, adjusted net income (loss), adjusted EBITDA, adjusted earnings (loss) per share, tangible equity, and tangible equity per share should not be considered as measures of discretionary cash available to us to invest in the growth of our business or distribute to shareholders. We compensate for these limitations by relying primarily on our U.S. GAAP results and using our non-GAAP financial measures only as a supplement. Users of our condensed consolidated financial statements are cautioned not to place undue reliance on our non-GAAP financial measures. Adjusted Net Income (Loss) We define adjusted net income (loss) as net income (loss) from continuing operations adjusted for: Income taxes Changes in fair value of loans, retained bonds, and related obligations due to market inputs or model assumptions, deferred purchase price liabilities, and convertible notes, and amortization of the discount on senior notes resulting from the fair value measurement at issuance. Amortization of intangible assets. Equity-based compensation. Certain non-recurring costs and adjustments that management believes should be excluded as these do not relate to a recurring part of the core business operations. These items include amounts recognized for settlement of legal and regulatory matters, acquisition or divestiture-related expenses, and other one-time charges. Income tax provision or benefit adjustments to apply an effective combined federal and state corporate tax rate to adjusted net income (loss) before income taxes. Management considers adjusted net income (loss) important in evaluating our Company as a whole. This supplemental metric is utilized by our management team to assess the underlying key drivers and operational performance of the continuing operations of the business. In addition, analysts, investors, and creditors may use this measure when analyzing our operating performance and comparability to peers. Adjusted net income (loss) is not a presentation made in accordance with U.S. GAAP, and our definition and use of this measure may vary from other companies in our industry. Adjusted net income (loss) provides visibility to the underlying operating performance by excluding the impact of certain items that management does not believe are representative of our core earnings. Adjusted net income (loss) may also include other adjustments, as applicable, based upon facts and circumstances, consistent with our intent of providing a supplemental means of evaluating our operating performance. Adjusted EBITDA We define adjusted EBITDA as net income (loss) from continuing operations adjusted for: Income taxes Changes in fair value of loans, retained bonds, and related obligations due to market inputs or model assumptions, deferred purchase price liabilities, and convertible notes, and amortization of the discount on senior notes resulting from the fair value measurement at issuance. Amortization of intangible assets. Equity-based compensation. Certain non-recurring costs and adjustments that management believes should be excluded as these do not relate to a recurring part of the core business operations. These items include amounts recognized for settlement of legal and regulatory matters, acquisition or divestiture-related expenses, and other one-time charges. Depreciation Interest expense on non-funding debt, excluding amortization of the discount on senior notes resulting from the fair value measurement at issuance. Management considers adjusted EBITDA important in evaluating the Company as a whole. This supplemental metric is utilized by our management team to assess the underlying key drivers and operational performance of the continuing operations of the business. In addition, analysts, investors, and creditors may use this measure when analyzing our operating performance and comparability to peers. Adjusted EBITDA is not a presentation made in accordance with U.S. GAAP, and our definition and use of this measure may vary from other companies in our industry. Adjusted EBITDA provides visibility to the underlying operating performance by excluding the impact of certain items that management does not believe are representative of our core earnings. Adjusted EBITDA may also include other adjustments, as applicable, based upon facts and circumstances, consistent with our intent of providing a supplemental means of evaluating our operating performance. Adjusted Earnings (Loss) Per Share We define adjusted earnings (loss) per share as adjusted net income (loss) (defined above) plus interest expense on the exchangeable secured notes, net of a tax effect, if dilutive for adjusted earnings (loss) per share, divided by the weighted average shares outstanding, which includes outstanding Class A Common Stock plus the Class A LLC Units of Finance of America Equity Capital LLC owned by the noncontrolling interest on an if-converted basis, the exchange of the exchangeable secured notes on an if-converted basis if they are dilutive for adjusted earnings (loss) per share, the conversion of the convertible notes on an if-converted basis, the conversion of the preferred stock on an if-converted basis, and any shares under the treasury stock method. Management considers adjusted earnings (loss) per share important in evaluating the Company as a whole. This supplemental metric is utilized by our management team to assess the underlying key drivers and operational performance of the continuing operations of the business. In addition, analysts, investors, and creditors may use this measure when analyzing our operating performance and comparability to peers. Adjusted earnings (loss) per share is not a presentation made in accordance with U.S. GAAP, and our definition and use of this measure may vary from other companies in our industry. A reconciliation of our forward-looking adjusted earnings per share outlook to U.S. GAAP earnings per share cannot be provided without unreasonable effort because of the inherent difficulty of accurately forecasting the occurrence and financial impact of the various adjusted items necessary for such reconciliation that have not yet occurred, are out of our control, or cannot be reasonably predicted. For the same reasons, the company is unable to assess the probable significance of the unavailable information, which could have a material impact on its future U.S. GAAP financial results. Tangible Equity We define tangible equity as total equity less intangible assets, net. Management uses this metric to evaluate the Company’s capital strength exclusive of intangible assets. We believe this measure is useful to analysts, investors, and creditors as it provides additional insight into the underlying equity position of the business. Tangible equity is not a presentation made in accordance with U.S. GAAP, and our definition and use of this measure may vary from other companies in our industry. Tangible equity provides visibility to the underlying capital position by excluding the impact of certain items that management does not believe are representative of our core equity base. Tangible equity may also include other adjustments, as applicable, based upon facts and circumstances, consistent with our intent of providing a supplemental means of evaluating our financial strength. Tangible Equity Per Share We define tangible equity per share as tangible equity (defined above) divided by the adjusted Class A Common Stock outstanding, which is equal to the sum of shares of Class A Common Stock outstanding at quarter end, Class A LLC Units if-converted to Class A Common Stock at quarter end, and Preferred Stock if-converted to Class A Common Stock at quarter end. Management uses this metric to evaluate the Company’s total capital strength exclusive of intangible assets. We believe this measure is useful to analysts, investors, and creditors as it provides additional insight into the underlying equity position of the business. Tangible equity per share is not a presentation made in accordance with U.S. GAAP, and our definition and use of this measure may vary from other companies in our industry. Tangible equity per share provides visibility to the total underlying capital position by excluding the impact of certain items that management does not believe are representative of our core equity base. Tangible equity per share may also include other adjustments, as applicable, based upon facts and circumstances, consistent with our intent of providing a supplemental means of evaluating our financial strength. View source version on businesswire.com: https://www.businesswire.com/news/home/20260804478740/en/ Contacts For Finance of America Media Relations: [email protected] For Finance of America Investor Relations: [email protected]

Finance of America Companies Inc. (FOA) came out with quarterly earnings of $0.84 per share, missing the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -22.94%. A quarter ago, it was expected that this company would post earnings of $0.84 per share when it actually produced earnings of $1.1, delivering a surprise of +30.95%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Finance of America Companies, which belongs to the Zacks Financial - Mortgage & Related Services industry, posted revenues of $62.48 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 43.11%. This compares to year-ago revenues of $177.38 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Finance of America Companies shares have lost about 3.5% since the beginning of the year versus the S&P 500's gain of 11%. While Finance of America Companies has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Finance of America Companies was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.10 on $104 million in revenues for the coming quarter and $4.60 on $437.2 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Mortgage & Related Services is currently in the bottom 25% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Rocket Companies (RKT), is yet to report results for the quarter ended June 2026. The results are expected to be released on August 6. This company is expected to post quarterly earnings of $0.17 per share in its upcoming report, which represents a year-over-year change of +325%. The consensus EPS estimate for the quarter has been revised 14.6% lower over the last 30 days to the current level. Rocket Companies' revenues are expected to be $2.82 billion, up 110.3% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Finance of America Companies Inc. (FOA) : Free Stock Analysis Report Rocket Companies, Inc. (RKT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Ellington Financial Inc. EFC received a major lift from Longbridge in the first quarter as reverse mortgage originations, servicing income and securitization gains expanded the segment’s contribution. The performance strengthened the case for a broader earnings mix beyond the company’s traditional investment portfolio. The central question is whether Longbridge can turn that quarterly momentum into a larger recurring profit stream. Higher volumes and wider capabilities are constructive, but funding needs, securitization conditions and a rising expense base remain important constraints. Longbridge generated $57.5 million of net income in the first quarter. That contribution helped EFC report earnings of 78 cents per share, up from 35 cents in the year-earlier period. Originations and servicing both contributed to the segment’s performance. Results also included net gains tied to a proprietary reverse mortgage loan securitization, interest-rate hedges and a $17 million litigation settlement, which means not every benefit should be viewed as recurring. Longbridge originated $515.4 million of new loans, up 52% from the same period in 2025 despite normal seasonal softness. Wholesale and correspondent channels accounted for 70% of volume, while retail generated the remaining 30%. The portfolio increased 13% sequentially to $695.1 million. Growth was driven by strong proprietary reverse mortgage originations and showed continued scale across proprietary products and Federal Housing Administration-insured home equity conversion mortgages. Management cited healthy origination margins and Longbridge’s lowest-ever funding cost on a proprietary reverse mortgage securitization. Successful transactions can recycle capital, reduce financing pressure and support earnings from origination gains and retained investments. That model still depends on receptive securitization markets. Wider spreads, weaker investor demand or slower execution could reduce gain-on-sale margins and leave more loans on the balance sheet for longer periods. Longbridge generates income from originations, servicing, securitization activity and mortgage servicing rights. The combination broadens EFC’s profit base and can reduce its dependence on net interest income from the investment portfolio. Finance of America Companies Inc. FOA is another publicly traded provider of home equity-based financing solutions for retirement, making its operating trends relevant to the reverse mortgage theme. Annaly Capital Management, Inc. NLY offers a different comparison through its Agency, residential credit and mortgage servicing rights strategies, illustrating how multiple mortgage-related income streams can support diversification. Over the past three months, EFC has underperformed FOA, while its performance is almost at par with NLY. Image Source: Zacks Investment Research Longbridge’s interest expense rose to $28.8 million from $16.6 million a year earlier as average borrowings increased to $2 billion from $1 billion. The average cost of funds declined to 5.38% from 5.58%, but the larger financing base still raised total interest expense. Investment and transaction-related expenses in the segment increased to $15.8 million from $10.8 million. Higher debt issuance, origination and servicing costs mean that additional volume must produce enough revenue to preserve operating leverage. The bottom line is that Longbridge is becoming a more important part of EFC’s earnings base. Originations, servicing and securitization capabilities create several profit channels, but the first-quarter result also benefited from items that may not repeat and require continued access to funding markets. EFC currently carries a Zacks Rank #3 (Hold). It also has a VGM Score of F, a Value Score of F, a Growth Score of F and a Momentum Score of C. The Rank points to balanced near-term prospects, while the Style Scores indicate that the shares do not currently stand out across the main value, growth and combined investment factors. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. EFC trades at 6.65X forward 12-month earnings, below the Zacks sub-industry multiple of 7.44X and its five-year median of 7.47X. Its 11.75% dividend yield adds to the income appeal, but the discount also reflects book value and market sensitivity. Image Source: Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ellington Financial Inc. (EFC) : Free Stock Analysis Report Annaly Capital Management Inc (NLY) : Free Stock Analysis Report Finance of America Companies Inc. (FOA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Wall Street expects a year-over-year decline in earnings on higher revenues when UWM Holdings Corporation (UWMC) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on August 6, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This company is expected to post quarterly earnings of $0.09 per share in its upcoming report, which represents a year-over-year change of -43.8%. Revenues are expected to be $871.62 million, up 14.9% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 20.03% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For UWM, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -20.15%. On the other hand, the stock currently carries a Zacks Rank of #4. So, this combination makes it difficult to conclusively predict that UWM will beat the consensus EPS estimate. Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that UWM would post earnings of $0.06 per share when it actually produced earnings of $0.09, delivering a surprise of +50.00%. Over the last four quarters, the company has beaten consensus EPS estimates two times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. UWM doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Another stock from the Zacks Financial - Mortgage & Related Services industry, Finance of America Companies Inc. (FOA), is soon expected to post earnings of $1.09 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +98.2%. Revenues for the quarter are expected to be $109.83 million, down 38.1% from the year-ago quarter. Over the last 30 days, the consensus EPS estimate for Finance of America Companies has been revised 0.5% up to the current level. Nevertheless, the company now has an Earnings ESP of -1.22%, reflecting a lower Most Accurate Estimate. This Earnings ESP, combined with its Zacks Rank #3 (Hold), makes it difficult to conclusively predict that Finance of America Companies will beat the consensus EPS estimate. Over the last four quarters, the company surpassed EPS estimates just once. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report UWM Holdings Corporation (UWMC) : Free Stock Analysis Report Finance of America Companies Inc. (FOA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

The market expects Finance of America Companies Inc. (FOA) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 4. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This company is expected to post quarterly earnings of $1.01 per share in its upcoming report, which represents a year-over-year change of +83.6%. Revenues are expected to be $104.9 million, down 40.9% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.46% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Finance of America Companies, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -10.89%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination makes it difficult to conclusively predict that Finance of America Companies will beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Finance of America Companies would post earnings of $0.84 per share when it actually produced earnings of $1.10, delivering a surprise of +30.95%. Over the last four quarters, the company has beaten consensus EPS estimates just once. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Finance of America Companies doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Finance of America Companies Inc. (FOA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

LendingTree, Inc. TREE is scheduled to report second-quarter 2026 results on July 29, after market close. The company's results are expected to reflect year-over-year growth in revenues and earnings in the quarter to be reported. In the last reported quarter, TREE's results were driven by a rise in revenues. An increase in adjusted EBITDA was an added positive. However, a rise in total costs acted as a spoilsport. LendingTree earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, the average negative surprise being 19.31%. LendingTree, Inc. price-eps-surprise | LendingTree, Inc. Quote Let us check out how TREE is expected to fare in terms of revenues and earnings this time around. The Zacks Consensus Estimate for LendingTree's second-quarter earnings of $1.46 per share has been unchanged over the past seven days. The figure indicates a 29.2% increase from the year-ago reported number. The consensus estimate for revenues is pegged at $315.1 million, indicating a year-over-year rise of 25.9%. For the second quarter, TREE expects total revenues between $305 million and $325 million. TREE remains well-positioned with solid momentum following a strong first-quarter performance, driven by growth across all segments, with Insurance remaining the primary growth driver. Notably, the Consumer and Home segments are gaining traction, contributing to a more balanced growth outlook. The Consumer segment is expected to have maintained decent momentum in the second quarter of 2026, supported by continued strength in small business loans and steady demand for personal loans. LendingTree’s small business offering recorded substantial growth in the first quarter, reflecting an improvement in lender appetite and marketplace activity. The demand for personal loans may also have been supported by consumers seeking to consolidate or refinance high-cost credit card balances. Further, LendingTree’s efforts to improve its digital platform are likely to have supported the segment’s performance. The company deployed internally developed artificial intelligence tools to improve marketing efficiency and launched a redesigned homepage that increased customer engagement. These initiatives, together with its focus on delivering more personalized product recommendations, are expected to have improved the customer experience and conversion rates. However, geopolitical uncertainty and subdued consumer confidence likely weighed on the demand for new credit products during the quarter. Management noted that deteriorating consumer sentiment had begun to translate into lower demand for loans, prompting it to maintain a cautious outlook for the Consumer segment. The Zacks Consensus Estimate for LendingTree's Consumer segment's revenues is pegged at $62.7 million, suggesting a marginal year-over-year rise. Meanwhile, the Insurance segment is expected to have been LendingTree’s primary growth driver in the second quarter. Favorable underwriting results continued to encourage insurance carriers to acquire customers, supporting robust demand for consumer leads. Insurers’ strong appetite for new policies, along with LendingTree’s disciplined marketing expenditure, is likely to have aided revenues, segment profitability and margins. The Zacks Consensus Estimate for TREE's Insurance segment's revenues is pegged at $210.5 million, implying a year-over-year jump of 43%. The second quarter of 2026 remained challenging for the mortgage banking industry, as mortgage rates stayed elevated, averaging in the mid-6% range, while housing affordability continued to weigh on borrower demand. Purchase originations remained under pressure amid constrained housing inventory and elevated home prices, although refinance activity witnessed a modest pickup as rates briefly declined during parts of the quarter. Hence, TREE is expected to have seen modest growth in the Home segment. The Zacks Consensus Estimate for TREE's Home segment's revenues is pegged at $41.8 million, indicating a year-over-year rise of 3.5%. Our proven model does not conclusively predict that TREE will beat the Zacks Consensus Estimate this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is not the case here. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. Earnings ESP: LendingTree has an Earnings ESP of 0.00%. Zacks Rank: TREE currently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here. In the second quarter of 2026, LendingTree shares delivered a decent performance, outperforming the industry. Its close peers, Rocket Companies RKT and Finance of America Companies FOA, also performed impressively. Finance of America Companies is also slated to announce quarterly numbers on Aug. 4, while Rocket Companies is expected to announce quarterly results on Aug. 6. Over the past week, the Zacks Consensus Estimate for RKT’s second-quarter 2026 earnings has been unchanged at 17 cents per share. The consensus estimate for FOA’s earnings has been unchanged at $1.12. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report LendingTree, Inc. (TREE) : Free Stock Analysis Report Rocket Companies, Inc. (RKT) : Free Stock Analysis Report Finance of America Companies Inc. (FOA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

PLANO, Texas, July 21, 2026--(BUSINESS WIRE)--Finance of America Companies Inc. ("Finance of America" or the "Company") (NYSE: FOA), a leading provider of home equity-based financing solutions for a modern retirement, today announced that it will release results for the second quarter ended June 30, 2026, after market closing on Tuesday, August 4, 2026. Webcast and Earnings Conference Call Management will host a webcast and conference call on the same day at 5:00 pm Eastern Time to discuss the Company’s results for the second quarter ended June 30, 2026. A copy of the press release and investor presentation will be posted prior to the call under the "Investors" section on Finance of America’s investor-oriented website at https://ir.financeofamericacompanies.com/. To listen to the audio webcast of the conference call, please visit the "Investors" section of the Company's investor-oriented website at https://ir.financeofamericacompanies.com/. The conference call can also be accessed by dialing the following: +1 833-461-5787 (North America) +1 585-542-9983 (International) Meeting ID: 720965831 Conference Call Pre-Registration Link:Participants may register in advance to receive direct dial-in details and a unique passcode, which allows for immediate access to the call with no wait time: Register here. Replay A replay of the webcast will be available on the Company’s investor-oriented website approximately two hours after the conclusion of the conference call and will remain available for a limited time. To access the replay, please visit the "Investors" section of Finance of America’s investor-oriented website at https://ir.financeofamericacompanies.com/. About Finance of America Companies Finance of America (NYSE: FOA) is a leading provider of home equity-based financing solutions for a modern retirement. In addition, Finance of America offers capital markets and portfolio management capabilities primarily to optimize the distribution of its originated loans to investors. Finance of America is headquartered in Plano, Texas. For more information, please visit Finance of America’s investor-oriented website at www.financeofamericacompanies.com and Finance of America’s consumer-oriented website at www.financeofamerica.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260721341700/en/ Contacts For Finance of America Media Relations: [email protected] For Finance of America Investor Relations: [email protected]