Offerpad Solutions Inc expected to post a loss of 44 cents a share - Earnings Preview

Offerpad Solutions

02/11/2024 04:01

* Offerpad Solutions Inc  OPAD.N   OPAD.K  is expected
to show a
fall in quarterly revenue when it reports  results on November 4
for the period ending September 30 2024
    * The Chandler Arizona-based  company is expected to report
a
12.6% decrease in revenue to $204.605 million from $234.23
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 44 cents per share. 
    * 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 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 $4.63​, above​ its last closing price of $3.12.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.38       -0.38      -0.50     Missed  -31.6
 Mar. 31 2024  -0.46       -0.46      -0.64     Missed  -38.4
 Dec. 31 2023  -0.47       -0.47      -0.57     Missed  -21.9​
 Sep. 30 2023  -0.67       -0.67      -0.73     Missed  -9.6
 ​​Jun.        -1.40       -1.43      -0.82     Beat    42.6
 30 2023                                                
 Mar. 31 2023  -3.40       -3.41      -2.55     Beat    25.2​
 Dec. 31 2022  -3.82       -3.81      -7.35     Missed  -92.9
 Sep. 30 2022  -2.04       -2.00      -4.80     Missed  -140
 This summary was machine generated November 2 at 04:00 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)