Offerpad Solutions OPAD is about to provide its newest quarterly earnings report on Wednesday, 2023-02-22. Here’s what buyers have to know earlier than the announcement.
Analysts estimate that Offerpad Solutions will report an earnings per share (EPS) of $-0.25.
Offerpad Solutions bulls will hope to listen to the corporate announce they’ve not solely overwhelmed that estimate, but in addition to supply constructive steering, or forecasted development, for the subsequent quarter.
New buyers ought to be aware that it’s generally not an earnings beat or miss that the majority impacts the worth of a inventory, however the steering (or forecast).
Past Earnings Performance
Last quarter the corporate missed EPS by $0.20, which was adopted by a 16.03% drop within the share value the subsequent day.
Here’s a take a look at Offerpad Solutions’s previous efficiency and the ensuing value change:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | This autumn 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.13 | 0.06 | 0.04 | -0.08 |
| EPS Actual | -0.33 | 0 | 0.14 | -0.11 |
| Price Change % | -16.03% | -13.19% | -1.46% | 25.77% |
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | This autumn 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.13 | 0.06 | 0.04 | -0.08 |
| EPS Actual | -0.33 | 0 | 0.14 | -0.11 |
| Price Change % | -16.03% | -13.19% | -1.46% | 25.77% |
Stock Performance
Shares of Offerpad Solutions had been buying and selling at $0.76 as of February 20. Over the final 52-week interval, shares are down 81.62%. Given that these returns are typically detrimental, long-term shareholders are possible bearish going into this earnings launch.
To observe all earnings releases for Offerpad Solutions go to their earnings calendar on our website.
This article was generated by Benzinga’s automated content material engine and reviewed by an editor.
