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

Offerpad Solutions

02/11/2022 21:03

* Offerpad Solutions Inc  OPAD.N  reported a quarterly
adjusted
loss of 32 cents​​ per share for the quarter ended in September.
The mean expectation of eight analysts for the quarter was for a
loss of 13 cents per share.
    * Revenue rose 52.1% to $821.73 million from a year ago;
analysts
expected $768.12 million. 
    * Offerpad Solutions Inc's reported EPS for the quarter was
a loss
of 32 cents​.
    * The mean earnings estimate of analysts had fallen by
about 505.8% in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Offerpad Solutions Inc shares had fallen by 19.3% this
quarter and lost 84.7% so far this year.
    * The company reported a quarterly loss of $80.02 million.
    * Wall Street's median 12-month price target for Offerpad
Solutions Inc is $3.38 
    * 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 November
2 at 09:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      -0.08          -0.01          Beat