Opendoor Technologies Inc reports results for the quarter ended December 31 - Earnings Summary

Opendoor Technologies

28/02/2025 05:31

Opendoor Technologies Inc OPEN.OQ reported a quarterly adjusted loss of 11 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -14 cents.  The mean expectation of nine analysts for the quarter was for a loss of 14 cents per share. Wall Street expected results to range from -16 cents to -12 cents per share.

Revenue rose 24.6% to $1.08 billion from a year ago; analysts expected $982.26 million.

Opendoor Technologies Inc's reported EPS for the quarter was a loss of 16 cents​.

The company reported a quarterly loss of $113 million.

Opendoor Technologies Inc shares had fallen by 10.6% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.7% 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 2 "strong buy" or "buy," 7 "hold" and 2 "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 Opendoor Technologies Inc is $1.80

This summary was machine generated from LSEG data February 28 at 05:30 a.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
-0.14
-0.11
Beat
Sep. 30 2024
-0.13
-0.10
Beat
Jun. 30 2024
-0.09
-0.04
Beat
Mar. 31 2024
-0.16
-0.12
Beat