Recap: Opendoor Technologies Q4 Earnings

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Opendoor Technologies 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.

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