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

Offerpad Solutions

22/02/2023 23:33

* Offerpad Solutions Inc  OPAD.N  reported a quarterly
adjusted
loss of 49 cents​​ per share for the quarter ended in December.
The mean expectation of six analysts for the quarter was for a
loss of 25 cents per share.
    * Revenue fell 21.9% to $677.21 million from a year ago;
analysts
expected $547.76 million. 
    * Offerpad Solutions Inc's reported EPS for the quarter was
a loss
of 49 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.7%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Offerpad Solutions Inc shares had risen by 54.2% this
quarter.
    * The company reported a quarterly loss of $121.14 million.
    * Wall Street's median 12-month price target for Offerpad
Solutions Inc is $1.20 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
22 at 11:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.25          -0.49          Missed
 Sep. 30 2022      -0.13          -0.32          Missed
 Jun. 30 2022      0.06           0.00           Missed
 Mar. 31 2022      0.04           0.14           Beat