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

Opera

27/10/2022 14:33

* Opera Ltd  OPRA.OQ  reported quarterly adjusted earnings
of 10
cents​​ per share for the quarter ended in September. The mean
expectation of two analysts for the quarter was for earnings of
11 cents per share.
    * Revenue rose 28.1% to $85.35 million from a year ago;
analysts
expected $82.00 million. 
    * Opera Ltd's reported EPS for the quarter was 8 cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.3%
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 fallen by 5.5% this quarter and
lost 41.9%
so far this year.
    * The company reported quarterly net income of $9.38
million.
    * Wall Street's median 12-month price target for Opera Ltd
is
$9.75 
    * 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 October
27 at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.11           0.10           Missed
 Jun. 30 2022      0.07           -0.03          Missed
 Mar. 31 2022      -0.02          -0.10          Missed
 Dec. 31 2021      0.09           -0.68          Missed