Offerpad Solutions Inc expected to post a loss of 47 cents a share - Earnings Preview

Offerpad Solutions

24/02/2024 01:08

* Offerpad Solutions Inc  OPAD.N   OPAD.K  is expected
to show a
fall in quarterly revenue when it reports  results on February
26 for the period ending December 31 2023
    * The Chandler Arizona-based  company is expected to report
a
63.1% decrease in revenue to $249.637 million from $677.21
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Offerpad Solutions Inc
is for
a loss of 47 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 $9.50​, above​ its last closing price of $9.40.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.67       -0.67      -0.73     Missed  -9.6
 Jun. 30 2023  -1.40       -1.43      -0.82     Beat    42.6
 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.        -2.04       -2.00      -4.80     Missed  -140
 30 2022                                                
 Jun. 30 2022  0.95        0.94       0.00      Missed  -100​
 Mar. 31 2022  0.65        0.66       2.10      Beat    218.2
 Dec. 31 2021  -1.29       -1.24      -0.15     Beat    87.9
 This summary was machine generated February 24 at 01:08 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)