Published on 3 May 2024 on Zacks via Yahoo Finance
Opendoor Technologies Inc. (OPEN) Reports Q1 Loss, Tops Revenue Estimates
Opendoor Technologies Inc. (OPEN) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.64 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 29.41%. A quarter ago, it was expected that this company would post a loss of $0.18 per share when it actually produced a loss of $0.15, delivering a surprise of 16.67%.