Offerpad Solutions Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
02-25
<a href="https://laohu8.com/S/OPAD">Offerpad Solutions</a> Inc reports results for the quarter ended December 31 - Earnings Summary
  • Offerpad Solutions Inc OPAD.N reported a quarterly adjusted loss of 63 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -57 cents. The mean expectation of four analysts for the quarter was for a loss of 48 cents per share. Wall Street expected results to range from -56 cents to -35 cents per share.

  • Revenue fell 27.5% to $174.27 million from a year ago; analysts expected $174.24 million.

  • Offerpad Solutions Inc's reported EPS for the quarter was a loss of 63 cents​.

  • The company reported a quarterly loss of $17.39 million.

  • Offerpad Solutions Inc shares had fallen by 21.4% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 0.5% in the last three months.​

  • In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the real estate services peer group is also "hold"

Wall Street's median 12-month price target for Offerpad Solutions Inc is $3.83

This summary was machine generated from LSEG data February 24 at 10:01 p.m. UTC. ​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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

-0.48

-0.63

Missed

Sep. 30 2024

-0.44

-0.49

Missed

Jun. 30 2024

-0.38

-0.50

Missed

Mar. 31 2024

-0.46

-0.64

Missed

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