Analysts Have Lowered Expectations For Offerpad Solutions Inc. (NYSE:OPAD) After Its Latest Results [Yahoo! Finance]
Offerpad Solutions Inc. Class A (OPAD)
Company Research
Source: Yahoo! Finance
The early response was not positive, with shares down 9.5% to US$6.86 in the past week. The results don't look great, especially considering that statutory losses grew 39% toUS$0.64 per share. Revenues of US$285m did beat expectations by 5.6%, but it looks like a bit of a cold comfort. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. Check out our latest analysis for Offerpad Solutions Taking into account the latest results, the current consensus from Offerpad Solutions' five analysts is for revenues of US$1.17b in 2024. This would reflect a decent 18% increase on its revenue over the past 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 38% to US$1.71. Before this latest r
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OPAD
News
- Offerpad Solutions Inc. (NYSE: OPAD) had its price target lowered by analysts at Jefferies Financial Group Inc. from $3.50 to $3.00. They now have a "hold" rating on the stock.MarketBeat
- Offerpad to Release Third Quarter Results on November 4thBusiness Wire
- Offerpad Announces Participation in the Goldman Sachs Communacopia + Technology ConferenceBusiness Wire
- Downgrade: Here's How Analysts See Offerpad Solutions Inc. (NYSE:OPAD) Performing In The Near Term [Yahoo! Finance]Yahoo! Finance
- In the wake of Offerpad Solutions Inc.'s (NYSE:OPAD) latest US$17m market cap drop, institutional owners may be forced to take severe actions [Yahoo! Finance]Yahoo! Finance
OPAD
Earnings
- 8/5/24 - Miss
OPAD
Sec Filings
- 10/1/24 - Form 4
- 10/1/24 - Form 4
- 10/1/24 - Form 4
- OPAD's page on the SEC website