Freedom Financial (FDVA) Expected to Announce Quarterly Earnings on Friday

Freedom Financial (OTCMKTS:FDVA) is anticipated to post its results before the market opens on Friday, October 23rd. Analysts expect Freedom Financial to post earnings of $0.11 per share and revenue of $15.86 million for the quarter.

Freedom Financial (OTCMKTS:FDVA) last issued its quarterly earnings data on Friday, July 31st. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.07). The company had revenue of $8.64 million for the quarter, compared to the consensus estimate of $15.38 million. Freedom Financial had a negative net margin of 1.62% and a negative return on equity of 1.17%.

Freedom Financial Stock Performance

FDVA stock opened at $11.75 on Thursday. The company has a 50-day simple moving average of $11.96 and a 200 day simple moving average of $12.07. The company has a market capitalization of $80.96 million, a P/E ratio of -83.92 and a beta of 0.07. The company has a quick ratio of 0.91, a current ratio of 0.93 and a debt-to-equity ratio of 0.76. Freedom Financial has a fifty-two week low of $11.00 and a fifty-two week high of $12.48.

About Freedom Financial

Freedom Financial Holdings, Inc operates as the bank holding company for The Freedom Bank of Virginia that provides commercial banking, personal banking, and mortgage banking solutions. The company offers personal and business checking accounts, interest bearing business savings accounts, money market accounts, personal savings accounts, certificates of deposits, and IRAs, as well as insured cash sweep and certificate of deposit account registry services. It also provides business term, personal, and mortgage loans; commercial lines of credit; commercial real estate mortgage and small business lending services; home equity lines; and credit cards.