Opera Ltd reports results for the quarter ended December 31 - Earnings Summary

• Opera Ltd OPRA.OQ reported quarterly adjusted earnings of 28 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.43. The mean expectation of five analysts for the quarter was for earnings of 28 cents per share. Wall Street expected results to range from 28 cents to 29 cents per share.

• Revenue rose 29.1% to $145.83 million from a year ago; analysts expected $137.86 million.

• Opera Ltd's reported EPS for the quarter was 32 cents​.

• The company reported quarterly net income of $28.69 million.

• Opera Ltd shares had fallen by 3.1% this quarter.

FORECAST CHANGES

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

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for Opera Ltd is $23.00

This summary was machine generated from LSEG data February 27 at 03:14 p.m. UTC. ​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)