Opera Ltd expected to post earnings of 25 cents a share - Earnings Preview

Opera

25/10/2024 14:16

* Opera Ltd  OPRA.OQ   OPRA.O  is expected to show a rise in
quarterly revenue when it reports  results on October 29 for the
period ending September 30 2024
    * The Oslo-based  company is expected to report a
17.3% increase
in revenue to $120.428 million from $102.64 million a year ago,
according to the mean estimate from 4 analysts, based on LSEG
data.The company's guidance on August 22 2024, for the period
ended September 30, was for revenue between $119.00 million and
$121.00 million.
    * ​LSEG's mean analyst estimate for Opera Ltd is for
earnings of
25 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
$21.50​, above​ its last closing price of $16.13. ​​​

The company's guidance on August 22 2024 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD119 million and
USD28.5 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.23        0.23       0.24      Beat    6.7
 Mar. 31 0001  0.25        0.25       0.19      Missed  -22.4
 Dec. 31 2023              0.24       1.43      Beat    508.5​
                                      0.23              
 ​​Jan.        0.14        0.17       0.16      Missed  -3
 1 0001                                                 
 Mar. 31 2023  0.15        0.15       0.19      Beat    31​
 Jan. 1 0001   0.14        0.17       0.27      Beat    58.8
 Sep. 30 2022  0.12        0.11       0.10      Missed  -9.1
 This summary was machine generated October 25 at 13:15 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)