Offerpad Solutions Inc expected to post a loss of $1.43 a share - Earnings Preview

Offerpad Solutions

31/07/2023 19:35

* Offerpad Solutions Inc  OPAD.N   OPAD.K  is expected
to show a
fall in quarterly revenue when it reports  results on August 2. 
    * The Washington Washington Dc-based  company is expected to
report  a 83.2% decrease in revenue to $181.787 million from
$1.08 billion a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Offerpad Solutions
Inc is
for a loss of $1.43 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and 1 "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 Offerpad
Solutions Inc is $8.25​, below​ its last closing price
of $10.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -3.40       -3.41      -2.55     Beat    25.2
 Dec. 31 2023  -3.82       -3.81      -7.35     Missed  -92.9
 Sep. 30 2022  -2.04       -2.00      -4.80     Missed  -140​
 Jun. 30 2022  0.95        0.94       0.00      Missed  -100
 ​​Mar.        0.65        0.66       2.10      Beat    218.2
 31 2022                                                
 Dec. 31 2021  -1.29       -1.24      -0.15     Beat    87.9​
 Sep. 30 2021  -16.05      -15.52     -0.27     Beat    98.3
 This summary was machine generated July 31 at 18:35 GMT.  All
figures in US dollars  unless otherwise stated