Opera Ltd expected to post earnings of 17  cents a share - Earnings Preview

Opera

24/02/2023 18:59

* Opera Ltd  OPRA.OQ   OPRA.O  is expected to show a rise in
quarterly revenue when it reports  results on February 27. 
    * The Oslo-based  company is expected to report  a
24.3% increase
in revenue to $90.243 million from $72.63 million a year ago,
according to the mean estimate from 2 analysts, based on
Refinitiv data. The company's guidance on October 27 2022, for
the period ended December 31, was for revenue between $88.00
million and $91.00 million.
    * ​Refinitiv's mean analyst estimate for Opera Ltd is for
earnings
of 17 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
$9.15​, above​ its last closing price of $7.32. ​​​

The company's guidance on October 27 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD88 million and USD19
million.
This summary was machine generated February 24 at 18:59 GMT. 
All figures in US dollars  unless otherwise stated