Finance Of America Companies, Inc. (FOA) CEO Patty Cook on Q1 2022 Results - Earnings Call Transcript

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Q1: 2022-05-09 Earnings Summary

EPS of $2.00 misses by $0.50
 | Revenue of $267.43M (-46.38% Y/Y) misses by $137.21M

Finance Of America Companies, Inc. (NYSE:FOA) Q1 2022 Earnings Conference Call May 9, 2022 5:00 PM ET

Company Participants

Patty Cook – Chief Executive Officer
Michael Fant – Senior Vice President of Finance
Johan Gericke – Chief Financial Officer

Conference Call Participants

Douglas Harter – Credit Suisse
Steven Laws – Raymond James
Blake Netter – Morgan Stanley

Operator

Good afternoon. Thank you for attending today's Finance of America First-Quarter 2022 earnings call. My name is Hanna, and I will be your moderator for today's call. All lines will be muted during the presentation portion of the call with an opportunity for questions-and-answers at the end. If you would like to ask a question, [Operator Instructions] I would now like to pass the conference over to our host, Michael Fant, Senior Vice President of Finance of America, please go ahead.

Michael Fant

Thank you. And good afternoon, everyone. And welcome to Finance of America's first quarter earnings call. With me today are Patty Cook, Chief Executive Officer, and Johan Gericke, Chief Financial Officer. As a reminder, this call is being recorded and you can find the earnings release and presentation on our Investor Relations website at www. FinanceofAmerica.com. In addition, we will refer to certain non-GAAP financial measures on this call. You can find reconciliations of non-GAAP to GAAP financial measures to the extent available without unreasonable effort.

Discussed on today's call in our earnings press release, and presentation on the Investor Relations page of our website. Also, I would like to remind everyone that comments on this conference call maybe forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the company's expected operating and financial performance for future periods. These statements are based on the company's current expectations and are subject to the Safe Harbor statement for forward-looking

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