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

Offerpad Solutions

04/08/2022 06:26

* Offerpad Solutions Inc  OPAD.N  reported quarterly
breakeven
results​​ per share for the quarter ended in June. The mean
expectation of nine analysts for the quarter was for earnings of
6 cents per share.
    * Revenue was $1.08 billion​; analysts expected $1.15
billion. 
    * Offerpad Solutions Inc's reported EPS for the quarter was
4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 19.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Offerpad Solutions Inc shares had fallen by 4.1% this
quarter and lost 67.3% so far this year.
    * The company reported quarterly net income of $11.56
million.
    * Wall Street's median 12-month price target for Offerpad
Solutions Inc is $5.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 4
at 05:26 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.06           0.00           Missed
 Mar. 31 2022      0.04           0.14           Beat
 Dec. 31 2021      -0.08          -0.01          Beat
 Sep. 30 2021      -1.03          -0.02          Beat