Offerpad Solutions Inc reports results for the quarter ended December 31 - Earnings Summary

Offerpad Solutions

24/02/2025 22:02

* Offerpad Solutions Inc  OPAD.N  reported a quarterly
adjusted
loss of 63 cents​​ per share for the quarter ended December 31,
lower than the same quarter last year, when the company reported
EPS of -57 cents.  The mean expectation of four analysts for the
quarter was for a loss of 48 cents per share. Wall Street
expected results to range from -56 cents to -35 cents per share.
    * Revenue fell 27.5% to $174.27 million from a year ago;
analysts
expected $174.24 million. 
    * Offerpad Solutions Inc's reported EPS for the quarter was
a loss
of 63 cents​.
    * The company reported a quarterly loss of $17.39 million.
    * Offerpad Solutions Inc shares had fallen by 21.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the real estate
services peer group is also "hold"

Wall Street's median 12-month price target for Offerpad
Solutions Inc is $3.83 
This summary was machine generated from LSEG data February 24 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -0.48          -0.63          Missed
 Sep. 30 2024      -0.44          -0.49          Missed
 Jun. 30 2024      -0.38          -0.50          Missed
 Mar. 31 2024      -0.46          -0.64          Missed