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

Opera

22/08/2023 15:21

* Opera Ltd  OPRA.OQ   OPRA.O  is expected to show a rise in
quarterly revenue when it reports  results on August 24. 
    * The Oslo-based  company is expected to report  a
17.8% increase
in revenue to $91.65 million from $77.83 million a year ago,
according to the mean estimate from 2 analysts, based on
Refinitiv data. The company's guidance on April 27 2023, for the
period ended June 30, was for revenue between $92.00 million and
$94.00 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
$21.5​, above​ its last closing price of $14.59. ​​​

The company's guidance on April 27 2023 for the period ended
June 30 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD92 million and USD20 million.
This summary was machine generated August 22 at 14:20 GMT.  All
figures in US dollars  unless otherwise stated