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OPAD

Offerpad Solutions Inc

$0.64

Earnings Summary

Revenue
$609.58Mn
Net Profits
$-59.45Mn
Net Profit Margins
-9.75%

Highlights

Revenue:

Offerpad Solutions Inc’s revenue fell -55.63% since last year same period to $609.58Mn in the Q1 2023. On a quarterly growth basis, Offerpad Solutions Inc has generated -9.99% fall in its revenue since last 3-months.

Net Profits:

Offerpad Solutions Inc’s net profit fell -245.04% since last year same period to $-59.45Mn in the Q1 2023. On a quarterly growth basis, Offerpad Solutions Inc has generated 50.93% jump in its net profits since last 3-months.

Net Profit Margins:

Offerpad Solutions Inc’s net profit margin fell -426.87% since last year same period to -9.75% in the Q1 2023. On a quarterly growth basis, Offerpad Solutions Inc has generated 45.48% 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
-0.26
EPS Estimate Current Year
-0.26

Highlights

EPS Estimate Current Quarter:

Offerpad Solutions Inc’s earning per share (EPS) estimates for the current quarter stand at -0.26 - a -100% fall from last quarter’s estimates.

EPS Estimate Current Year:

Offerpad Solutions Inc’s earning per share (EPS) estimates for the current year stand at -0.26.

Key Ratios

Key ratios of the Offerpad Solutions Inc post its Q1 2023 earnings

Return on Assets (ROA)
-0.19
Return on Equity (ROE)
-1.09

Highlights

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 -0.19.

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 -1.09.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-08-03
0.06
0.04
-33.33%
2022-05-04
0.04
0.16
300%
2022-11-02
-0.13
-0.32
-146.15%