Opendoor Technologies Inc OPEN.OQ OPEN.O is expected to show a rise in quarterly revenue when it reports results on February 27 for the period ending December 31 2024
The Tempe Arizona-based company is expected to report a 11.7% increase in revenue to $971.482 million from $870 million a year ago, according to the mean estimate from 9 analysts, based on LSEG data.The company's guidance on November 7 2024, for the period ended December 31, was for revenue between $925.00 million and $975.00 million.
LSEG's mean analyst estimate for Opendoor Technologies Inc is for a loss of 14 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 7 "hold" and 2 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Opendoor Technologies Inc is $1.80, above its last closing price of $1.41.
The company's guidance on November 7 2024 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between 925 million and -60 million $(USD)$.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -0.13 | -0.13 | -0.10 | Beat | 23.5 |
Jun. 30 2024 | -0.10 | -0.09 | -0.04 | Beat | 56.5 |
Mar. 31 2024 | -0.16 | -0.16 | -0.12 | Beat | 23.6 |
Dec. 31 2023 | -0.18 | -0.19 | -0.14 | Beat | 24.5 |
Sep. 30 2023 | -0.15 | -0.15 | -0.11 | Beat | 26.8 |
Jun. 30 2023 | -0.38 | -0.38 | -0.30 | Beat | 20.9 |
Mar. 31 2023 | -0.72 | -0.66 | -0.64 | Beat | 2.9 |
Dec. 31 2022 | -0.70 | -0.73 | -0.51 | Beat | 30.4 |
This summary was machine generated February 25 at 21:29 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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