{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-267754","form_type":"8-K","ticker":"FTDR","cik":"0001727263","company_name":"Frontdoor, Inc.","filed_at":"2023-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.205259+00:00","generated_at":"2026-06-09T02:57:48.304369+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Frontdoor Q3 revenue up 8% to $524M; net income more than doubles; raises FY outlook","bullets":["Net income $71M ($0.89 diluted EPS) vs $28M ($0.34) YoY; adjusted EPS $0.94.","Gross profit margin expanded 760 bps to 51% on higher price and cost improvements.","Adjusted EBITDA rose 61% to $128M; raised full-year adjusted EBITDA outlook to $320M-$330M.","Renewal revenue up 14% to $406M; real estate and direct-to-consumer declined 23% and 16%.","Raising FY 2023 share repurchase target to ~$125M; Q4 EBITDA guidance $20M-$30M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-267754","json":"https://secwatch.observer/filing/0001193125-23-267754.json","markdown":"https://secwatch.observer/filing/0001193125-23-267754.md","text":"https://secwatch.observer/filing/0001193125-23-267754.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1727263/000119312523267754/0001193125-23-267754-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1727263/000119312523267754/d558490d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T02:57:48.304369+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7679d444191a5bf2000cf2f8863cc5baa641f09b","claim":"Frontdoor, Inc. reported third quarter ended September 30, 2023 results: revenue $524 million, net income $71 million, EPS $0.89 diluted earnings per share. Guidance raised.","evidence_excerpt":"Frontdoor Announces Third-Quarter 2023 Revenue Increased 8% to $524 Million; Gross Profit Margin Expanded 760 bps to 51%; Net Income Increased to $71 Million; Adjusted EBITDA Increased $48 Million to $128 Million; Repurchased $75 Million of Stock in 2023; Raising Full-Year 2023 Revenue, Adjusted EBITDA and Share Repurchase Outlook","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1727263/000119312523267754/0001193125-23-267754-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$524 million"},{"label":"Net income","value":"$71 million"},{"label":"EPS","value":"$0.89 diluted earnings per share"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}