Frontdoor (FTDR) shares were up more than 16% in recent Thursday trading after the company posted higher Q1 adjusted earnings and revenue that also beat expectations.

The company reported Q1 adjusted earnings Thursday of $0.64 per diluted share, compared with $0.44 a year earlier.

Analysts polled by FactSet expected $0.38.

Revenue for the quarter ended March 31 was $426 million, up from $378 million a year ago.

Analysts surveyed by FactSet expected $416.4 million.

For Q2, the company said it estimates $600 million to $605 million in revenue. Analysts polled by FactSet expect $590.3 million.

For 2025, the company raised its revenue forecast to a range of $2.03 billion to $2.05 billion, compared with $2 billion to $2.04 billion previously. Analysts polled by FactSet expect $2.02 billion.

Price: 47.87, Change: +6.76, Percent Change: +16.44