Opera Ltd expected to post earnings of 11cents a share - Earnings Preview

Opera

25/10/2022 19:00

* Opera Ltd  OPRA.OQ   OPRA.O  is expected to show a rise in
quarterly revenue when it reports  results on October 27. 
    * The Oslo-based  company is expected to report  a
23.1% increase
in revenue to $81.995 million from $66.62 million a year ago,
according to the mean estimate from 2 analysts, based on
Refinitiv data. The company's guidance on August 30 2022, for
the period ended September 30, was for revenue between $81.00
million and $83.00 million.
    * ​Refinitiv's mean analyst estimate for Opera Ltd is for
earnings
of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Opera Ltd
is
$9.75​, above​ its last closing price of $3.97. ​​​

The company's guidance on August 30 2022 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD81 million and USD17
million.
This summary was machine generated October 25 at 18:00 GMT.  All
figures in US dollars  unless otherwise stated