Offerpad Solutions (NYSE:OPAD) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:10 PM.

Here's what investors need to know about the announcement.

Earnings

Offerpad Solutions beat estimated earnings by 26.09%, reporting an EPS of $-0.17 versus an estimate of $-0.23.

Revenue was down $767.42 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.25 which was followed by a 6.12% drop in the share price the next day.

Here's a look at Offerpad Solutions's past performance:

To track all earnings releases for Offerpad Solutions visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.