Opendoor Technologies (NASDAQ:OPEN) reported its Q4 earnings results on Thursday, February 15, 2024 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Opendoor Technologies beat estimated earnings by 22.22%, reporting an EPS of $-0.14 versus an estimate of $-0.18.
Revenue was down $1.99 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 5.0% drop in the share price the next day.
Here’s a look at Opendoor Technologies’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.15 | -0.38 | -0.66 | -0.73 |
| EPS Actual | -0.11 | -0.30 | -0.64 | -0.74 |
| Revenue Estimate | 1.01B | 1.84B | 2.68B | 2.47B |
| Revenue Actual | 980.00M | 1.98B | 3.12B | 2.86B |
To track all earnings releases for Opendoor Technologies visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
