Offerpad Solutions (US:OPAD) ZACKSยท2025-02-24 23:56Financial Performance - Offerpad Solutions Inc. reported a quarterly loss of $0.63 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.53, and compared to a loss of $0.57 per share a year ago, indicating a decline in performance [1] - The company posted revenues of $174.27 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 0.26%, and down from $240.46 million in the same quarter last year [2] - Over the last four quarters, Offerpad Solutions has not surpassed consensus EPS estimates, and has topped consensus revenue estimates only twice [2] Stock Performance - Offerpad Solutions shares have declined approximately 21.4% since the beginning of the year, contrasting with the S&P 500's gain of 2.2% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.49 on revenues of $244.35 million, and for the current fiscal year, it is -$1.38 on revenues of $1.29 billion [7] Industry Outlook - The Real Estate - Operations industry, to which Offerpad Solutions belongs, is currently ranked in the bottom 15% of over 250 Zacks industries, which may negatively impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that the company's stock performance may be influenced by changes in earnings expectations [5][6]