Opendoor Technologies Inc. (OPEN) Reports Q2 Loss, Tops Revenue Estimates
OPENOpendoor(OPEN) ZACKS·2024-08-02 06:21

Opendoor Technologies Inc. (OPEN) came out with a quarterly loss of 0.04pershareversustheZacksConsensusEstimateofalossof0.04 per share versus the Zacks Consensus Estimate of a loss of 0.11. This compares to loss of 0.31pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof63.640.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 63.64%. A quarter ago, it was expected that this company would post a loss of 0.17 per share when it actually produced a loss of $0.12, delivering a surprise of 29.41%.Over the last four quarters, the company h ...