Frontdoor Inc

For the period ended Sep 30, 2024. Filed Nov 4, 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.

Sep 30, 2024 · Filed Nov 4, 2024

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

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

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 · Nine Months Ended
September 30, · September 30,
2024 · 2023 · 2024 · 2023
Revenue	$	540	$	524	$	1,461	$	1,414
Cost of services rendered		235		256		655		706
Gross Profit		306		268		806		708
Selling and administrative expenses		154		152		456		439
Depreciation and amortization expense		10		9		28		28
Restructuring charges		3		5		5		6
Interest expense		10		10		29		30
Interest and net investment income		(5)		(4)		(15)		(12)
Income before Income Taxes		134		96		303		217
Provision for income taxes		34		24		77		54
Net Income	$	100	$	71	$	226	$	163
Other Comprehensive (Loss) Income, Net of Income Taxes:
Unrealized (loss) gain on derivative instruments, net of income taxes		(4)		—		(3)		2
Total Other Comprehensive (Loss) Income, Net of Income Taxes		(4)		—		(3)		2
Comprehensive Income	$	97	$	72	$	223	$	164
Earnings per Share:
Basic	$	1.32	$	0.89	$	2.92	$	2.01
Diluted	$	1.30	$	0.89	$	2.90	$	2.00
Weighted-average Common Shares Outstanding:
Basic		76.2		80.1		77.4		81.0
Diluted		77.1		80.6		78.0		81.3

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.