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

Offerpad Solutions

05/05/2025 22:50

Offerpad Solutions Inc OPAD.N reported a quarterly adjusted loss of 55 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -64 cents.  The mean expectation of four analysts for the quarter was for a loss of 54 cents per share. Wall Street expected results to range from -62 cents to -43 cents per share.

Revenue fell 43.7% to $160.70 million from a year ago; analysts expected $180.51 million.

Offerpad Solutions Inc's reported EPS for the quarter was a loss of 55 cents​.

The company reported a quarterly loss of $15.06 million.

Offerpad Solutions Inc shares had fallen by 33.1% this quarter and lost 61.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 68.7% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

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 $2.13

This summary was machine generated from LSEG data May 5 at 09:50 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
Mar. 31 2025
-0.54
-0.55
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