Offerpad Solutions Inc expected to post a loss of 23 cents a share - Earnings Preview

Offerpad Solutions

02/05/2023 03:06

* Offerpad Solutions Inc  OPAD.N   OPAD.K  is expected
to show a
fall in quarterly revenue when it reports  results on May 3. 
    * The Washington Washington Dc-based  company is expected to
report  a 62.9% decrease in revenue to $510.354 million from
$1.37 billion a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Offerpad Solutions
Inc is
for a loss of 23 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Offerpad
Solutions Inc is $0.5​, above​ its last closing price of $0.47.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.25       -0.25      -0.49     Missed  -92.9
 Sep. 30 2022  -0.14       -0.13      -0.32     Missed  -140
 Jun. 30 2022  0.06        0.06       0.00      Missed  -100​
 Mar. 31 2022  0.04        0.04       0.14      Beat    218.2
 ​​Dec.        -0.09       -0.08      -0.01     Beat    87.9
 31 2021                                                
 Sep. 30 2021  -1.07       -1.03      -0.02     Beat    98.3​
 This summary was machine generated May 2 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated