Offerpad Solutions Inc expected to post a loss of 38 cents a share - Earnings Preview

Offerpad Solutions

02/08/2024 14:02

* Offerpad Solutions Inc  OPAD.N   OPAD.K  is expected
to show a
rise in quarterly revenue when it reports  results on August 5
for the period ending June 30 2024
    * The Chandler Arizona-based  company is expected to report
a
23.2% increase in revenue to $283.572 million from $230.15
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Offerpad Solutions Inc
is for
a loss of 38 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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 $6.00​, above​ its last closing price of $3.99.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024              -0.46      -0.64     Missed  -38.4
 Jan. 1 2024               -0.47      -0.57     Missed  -21.9
 Sep. 30 2023  -0.67       -0.67      -0.73     Missed  -9.6​
 Jun. 30 2023  -1.40       -1.43      -0.82     Beat    42.6
 ​​Jan.        -3.40       -3.41      -2.55     Beat    25.2
 1 0001                                                 
 Dec. 31 2022  -3.82       -3.81      -7.35     Missed  -92.9​
 Sep. 30 2022  -2.04                  -4.80             -140
 Jun. 30 2022  0.95                   0.00              -100
 This summary was machine generated August 2 at 13:02 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)