Opendoor Technologies Inc. (OPEN) Reports Q3 Loss, Tops Revenue Estimates
Portfolio Pulse from
Opendoor Technologies Inc. (OPEN) reported a Q3 loss of $0.10 per share, which was better than the Zacks Consensus Estimate of a $0.14 loss. This is a slight improvement from the $0.11 loss per share reported a year ago.
November 08, 2024 | 2:00 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Opendoor Technologies reported a Q3 loss of $0.10 per share, beating the Zacks Consensus Estimate of a $0.14 loss. This is an improvement from last year's $0.11 loss per share.
Opendoor's reported loss per share was better than expected, which is typically seen as a positive indicator for stock performance. The improvement from last year's loss also suggests potential operational improvements.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100