Offerpad Solutions Inc expected to post a loss of 44 cents a share - Earnings Preview

* Offerpad Solutions Inc is expected to show a fall in quarterly revenue when it reports results on November 4 for the period ending September 30 2024

* The Chandler Arizona-based company is expected to report a 12.6% decrease in revenue to $204.605 million from $234.23 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Offerpad Solutions Inc is for a loss of 44 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Offerpad Solutions Inc is $4.63​, above​ its last closing price of $3.12. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 -0.38 -0.38 -0.50 Missed -31.6

Mar. 31 2024 -0.46 -0.46 -0.64 Missed -38.4

Dec. 31 2023 -0.47 -0.47 -0.57 Missed -21.9​

Sep. 30 2023 -0.67 -0.67 -0.73 Missed -9.6

​​Jun. -1.40 -1.43 -0.82 Beat 42.6

30 2023

Mar. 31 2023 -3.40 -3.41 -2.55 Beat 25.2​

Dec. 31 2022 -3.82 -3.81 -7.35 Missed -92.9

Sep. 30 2022 -2.04 -2.00 -4.80 Missed -140

This summary was machine generated November 2 at 04:00 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)