Offerpad Solutions Inc expected to post a loss of 67 cents a share - Earnings Preview

Offerpad Solutions

30/10/2023 21:23

* Offerpad Solutions Inc  OPAD.N   OPAD.K  is expected
to show a
fall in quarterly revenue when it reports  results on November
1. 
    * The Chandler Arizona-based  company is expected to report 
a
70.9% decrease in revenue to $238.746 million from $821.73
million 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 67 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 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​, above​ its last closing price of $8.12.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  -2.04       -2.00      -4.80     Missed  -140
 ​​Jun.        0.95        0.94       0.00      Missed  -100
 30 2022                                                
 Mar. 31 2022  0.65        0.66       2.10      Beat    218.2​
 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 October 30 at 21:23 GMT.  All
figures in US dollars  unless otherwise stated