Opendoor Technologies Inc <OPEN.OQ> expected to post a loss of 10 cents a share - Earnings Preview

• Opendoor Technologies Inc OPEN.OQ OPEN.O is expected to show a fall in quarterly revenue when it reports results on May 6 for the period ending March 31 2025

• The Tempe Arizona-based company is expected to report a 10.3% decrease in revenue to $1.059 billion from $1.18 billion a year ago, according to the mean estimate from 10 analysts, based on LSEG data.The company's guidance on February 27 2025, for the period ended March 31, was for revenue between $1.00 billion and $1.08 billion.

• ​LSEG's mean analyst estimate for Opendoor Technologies Inc is for a loss of 10 cents per share.

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 7 "hold" and 2 "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 Opendoor Technologies Inc is $1.35​, above​ its last closing price of $0.75. ​​​

The company's guidance on February 27 2025 for the period ended March 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between 1 billion and -40 million (USD).

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

This summary was machine generated May 2 at 20:03 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)