Opera Ltd expected to post earnings of 14  cents a share - Earnings Preview

Opera

25/04/2023 15:37

* Opera Ltd  OPRA.OQ   OPRA.O  is expected to show a rise in
quarterly revenue when it reports  results on April 27. 
    * The Oslo-based  company is expected to report  a
18.0% increase
in revenue to $84.5 million from $71.58 million a year ago,
according to the mean estimate from 2 analysts, based on
Refinitiv data. The company's guidance on February 27 2023, for
the period ended March 31, was for revenue between $83.00
million and $85.00 million.
    * ​Refinitiv's mean analyst estimate for Opera Ltd is for
earnings
of 14 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
$13.25​, above​ its last closing price of $10.95. ​​​

The company's guidance on February 27 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD83 million and USD19 million.
This summary was machine generated April 25 at 14:37 GMT.  All
figures in US dollars  unless otherwise stated