Opendoor Slid Nearly 10% in Premarket Trading though It Topped Revenue Estimates

Tiger Newspress2022-02-25

Opendoor slid nealry 10% in premarket trading though it topped revenue estimates.Opendoor Technologies Inc. (OPEN) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.23 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 18.75%. 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 $0.02, delivering a surprise of 88.89%.

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JemLIm
2022-02-25
JemLIm
Cool
Andr3
2022-02-25
Andr3
L
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