A Preview Of Opera's Earnings

Opera OPRA is set to give its latest quarterly earnings report on Monday, 2023-02-27. Here's what investors need to know before the announcement.

Analysts estimate that Opera will report an earnings per share (EPS) of $0.17.

Opera bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company missed EPS by $0.01, which was followed by a 0.92% drop in the share price the next day.

Here's a look at Opera's past performance and the resulting price change:

Quarter Q3 2022 Q2 2022 Q1 2022 Q4 2021
EPS Estimate 0.11 0.07 0.08
EPS Actual 0.10 -0.03 -0.05 0.04
Price Change % -0.92% -0.62% -10.58% 1.52%

Stock Performance

Shares of Opera were trading at $7.32 as of February 23. Over the last 52-week period, shares are up 14.24%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all earnings releases for Opera visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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