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OPAD

Offerpad Solutions Inc

$5.88

Earnings Summary

Revenue
$285.36Mn
Net Profits
$-17.52Mn
Net Profit Margins
-6.14%

Highlights

Revenue:

Offerpad Solutions Inc’s revenue fell -53.19% since last year same period to $285.36Mn in the Q1 2024. On a quarterly growth basis, Offerpad Solutions Inc has generated 18.67% jump in its revenue since last 3-months.

Net Profits:

Offerpad Solutions Inc’s net profit jumped 70.54% since last year same period to $-17.52Mn in the Q1 2024. On a quarterly growth basis, Offerpad Solutions Inc has generated -13.43% fall in its net profits since last 3-months.

Net Profit Margins:

Offerpad Solutions Inc’s net profit margin jumped 37.06% since last year same period to -6.14% in the Q1 2024. On a quarterly growth basis, Offerpad Solutions Inc has generated 4.42% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Offerpad Solutions Inc post its latest quarter earnings

EPS Estimate Current Quarter
-0.38
EPS Estimate Current Year
-0.38

Highlights

EPS Estimate Current Quarter:

Offerpad Solutions Inc’s earning per share (EPS) estimates for the current quarter stand at -0.38 - a 17.39% jump from last quarter’s estimates.

EPS Estimate Current Year:

Offerpad Solutions Inc’s earning per share (EPS) estimates for the current year stand at -0.38.

Key Ratios

Key ratios of the Offerpad Solutions Inc post its Q1 2024 earnings

Earning Per Share (EPS)
-0.64
Return on Assets (ROA)
-0.12
Return on Equity (ROE)
-0.62

Highlights

Earning Per Share (EPS):

Offerpad Solutions Inc’s earning per share (EPS) fell -276.47% since last year same period to -0.64 in the Q1 2024. This indicates that the Offerpad Solutions Inc has generated -276.47% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Offerpad Solutions Inc’s return on assets (ROA) stands at -0.12.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Offerpad Solutions Inc’s return on equity (ROE) stands at -0.62.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-06
-0.46
-0.64
-39.13%