By Elias Schisgall
Shares of Better Home & Finance Holding fell after the company posted a wider fourth-quarter loss than what Wall Street analysts had been expecting.
Shares were down 8.7% to $33.49 in Friday afternoon trading. The stock has nearly tripled in value in the past year.
The mortgage and home-equity finance company on Friday logged a loss of $39.9 million, compared with a loss of $59.2 million a year earlier. Analysts polled by FactSet were expecting a loss of $33.6 million.
Net revenue rose to $44.3 million, up from $25 million a year prior. Analysts were anticipating revenue of $40.7 million.
The company funded about 4,293 loans with a total volume of $1.5 billion during the quarter, compared with 3,326 loans totaling $936 million a year earlier, it said.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
March 13, 2026 14:52 ET (18:52 GMT)
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