Opera Ltd reports results for the quarter ended in December - Earnings Summary

Opera

27/02/2023 14:33

* Opera Ltd  OPRA.OQ  reported quarterly adjusted earnings
of 27
cents​​ per share for the quarter ended in December. The mean
expectation of two analysts for the quarter was for earnings of
17 cents per share.
    * Revenue rose 32.6% to $96.27 million from a year ago;
analysts
expected $90.24 million. 
    * Opera Ltd's reported EPS for the quarter was 22 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Opera Ltd shares had risen by 30.4% this quarter.
    * The company reported quarterly net income of $20.99
million.
    * Wall Street's median 12-month price target for Opera Ltd
is
$9.15 
    * 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." 

This summary was machine generated from Refinitiv data February
27 at 02:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.17           0.27           Beat
 Sep. 30 2022      0.11           0.10           Missed
 Jun. 30 2022      0.07           -0.03          Missed
 Mar. 31 2022      -0.02          -0.10          Missed