Opendoor Technologies Inc. (OPEN) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.31 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 ...

TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ____________. Commission file number 001-39253 Opendoor Technologies Inc. (Exact name of registrant as specified in its charte ...

Exhibit 99.1 Opendoor Announces Second Quarter of 2024 Financial Results SAN FRANCISCO, California - August 1, 2024 - Opendoor Technologies Inc. (Nasdaq: OPEN), a leading ecommerce platform for residential real estate transactions, today reported financial results for its second quarter ended June 30, 2024. Opendoor's second quarter 2024 financial results and management commentary can be accessed through the Company's shareholder letter on the "Quarterly Reports" page of Opendoor's investor relations websit ...

SAN FRANCISCO, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its second quarter ended June 30, 2024. Opendoor's second quarter 2024 financial results and management commentary can be accessed through the Company's shareholder letter on the "Quarterly Reports" page of Opendoor's investor relations website at https://investor.opendoor.com. "We are proud of our second quar ...

SAN FRANCISCO, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Mainstay ("Company"), formerly Open Exchange, a comprehensive market intelligence and transaction platform for the single-family rental industry, today announced its launch as an independent, privately-held company, marking its separation from Opendoor Technologies Inc. ("Opendoor") (NASDAQ:OPEN), a leading e-commerce platform for residential real estate transactions. Mainstay also announced an equity capital raise led by Khosla Ventures, with participation f ...

MONTREAL, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Dorel Industries, Inc. (TSX: DII.B, DII.A) | --- | --- | |----------|------------------------------------------------| | | | | OPEN TO: | Analysts, investors and all interested parties | | DATE: | Friday, August 9, 2024 | | TIME: | 1:00 PM Eastern Time | | CALL: | 1-844-763-8274 | THE PRESS RELEASE WILL BE PUBLISHED BEFORE MARKETS OPEN THE SAME DAY THROUGH GLOBENEWSWIRE. Please dial in 15 minutes before the conference begins. If you are unable to call in at this t ...

Opendoor Technologies (OPEN) is scheduled to release its second-quarter 2024 results on Aug 1, after market close. Q2 Expectations The consensus estimate for the company's loss per share is pegged at 11 cents, whereas it reported a loss of 31 cents in the year-ago quarter. The bottom line is expected to have been affected by weak margins. Our proven model does not conclusively predict an earnings beat for OPEN this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 ( ...

Talaj Trading View 1. The Fed Pivot Is Near Much of the tailwinds are attributed to the consistent moderation in the US core CPI to 3.3% by June 2024 (-0.1 points MoM/ -1.5 YoY), with us nearer to the prepandemic averages of 2% than the September 2022 peak of 6.2%. OPEN has been reporting lower inventory values over the past few quarters, at an average inventory price of $330K per home in FQ1'24 (-1% QoQ/ -2.3% YoY), compared to the peak average inventory price of $388K per home in FQ2'22. The lower invento ...

Shares of Opendoor Technologies (OPEN 5.00%) stock jumped 6.6% through 12:15 p.m. ET Thursday, and it's not the only winner in the real estate sector today. Real estate investment trusts (REITs) Medical Properties Trust (MPW 0.57%) and Kilroy Realty (KRC 5.84%) also spiked in morning trading, albeit with caveats. Good news on inflation is great news for REITs and other real estate stocks. As morning turns to afternoon, Kilroy stock is maintaining its momentum with a 5.7% gain, while Medical Properties Trust ...

SAN FRANCISCO, July 08, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. ("Opendoor") (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that it will report second quarter 2024 financial results for the period ended June 30, 2024 following the close of the market on Thursday, August 1, 2024. On that day, management will host a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company's business and financial results. Replay: An ...