Offerpad Solutions: Q4 Earnings Insights

Offerpad Solutions OPAD reported its Q4 earnings results on Monday, February 26, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Offerpad Solutions missed estimated earnings by -19.0%, reporting an EPS of $-0.56 versus an estimate of $-0.47.

Revenue was down $436.76 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.07 which was followed by a 3.0% drop in the share price the next day.

Here's a look at Offerpad Solutions's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.67 -1.36 -3.45 -3.75
EPS Actual -0.74 -0.84 -2.55 -7.50
Revenue Estimate 238.75M 188.52M 510.35M 547.76M
Revenue Actual 234.23M 230.15M 609.58M 677.21M

To track all earnings releases for Offerpad Solutions visit their earnings calendar here.

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

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