Opera Ltd expected to post earnings of 23 cents a share - Earnings Preview

Opera

20/08/2024 15:35

* Opera Ltd  OPRA.OQ   OPRA.O  is expected to show a rise in
quarterly revenue when it reports  results on August 22 for the
period ending June 30 2024
    * The Oslo-based  company is expected to report a
15.3% increase
in revenue to $108.545 million from $94.13 million a year ago,
according to the mean estimate from 4 analysts, based on LSEG
data.The company's guidance on April 25 2024, for the period
ended June 30, was for revenue between $107.00 million and
$109.00 million.
    * ​LSEG's mean analyst estimate for Opera Ltd is for
earnings of
23 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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
$19.00​, above​ its last closing price of $12.94. ​​​

The company's guidance on April 25 2024 for the period ended
June 30 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD107 million and USD25 million.
This summary was machine generated August 20 at 14:35 GMT.  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)