Frontdoor Inc

For the period ended Jun 30, 2024. Filed Aug 1, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 1, 2024

FTDR$98.50-2.2%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations and Comprehensive Income

Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited)

(In millions, except per share data)

Three Months Ended · Six Months Ended
June 30, · June 30,
2024 · 2023 · 2024 · 2023
Revenue	$	542	$	523	$	920	$	890
Cost of services rendered		237		253		420		449
Gross Profit		306		270		500		440
Selling and administrative expenses		167		162		302		287
Depreciation and amortization expense		9		9		18		18
Restructuring charges		1		—		1		1
Interest expense		10		10		20		20
Interest and net investment income		(5)		(4)		(10)		(8)
Income before Income Taxes		124		93		169		122
Provision for income taxes		32		23		43		30
Net Income	$	92	$	70	$	126	$	91
Other Comprehensive (Loss) Income, Net of Income Taxes:
Unrealized (loss) gain on derivative instruments, net of income taxes		(1)		3		—		1
Total Other Comprehensive (Loss) Income, Net of Income Taxes		(1)		3		—		1
Comprehensive Income	$	91	$	73	$	126	$	93
Earnings per Share:
Basic	$	1.18	$	0.86	$	1.61	$	1.12
Diluted	$	1.18	$	0.85	$	1.60	$	1.12
Weighted-average Common Shares Outstanding:
Basic		77.7		81.4		78.0		81.5
Diluted		78.1		81.8		78.5		81.8

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.