Offerpad Solutions (OPAD)

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Offerpad Solutions (OPAD) - 2024 Q1 - Earnings Call Transcript
2024-05-07 00:01
Offerpad Solutions, Inc. (NYSE:OPAD) Q1 2024 Earnings Conference Call May 6, 2024 4:30 PM ET Company Participants Taylor Giles - Investor Relations Brian Bair - Chairman and Chief Executive Officer James Grout - Interim Principal Financial Officer and Senior Vice President of Finance Conference Call Participants Nick Jones - JMP Securities Ryan Tomasello - Stifel Dae Lee - JP Morgan John Colantuoni - Jefferies Operator Good afternoon. Thank you for attending today’s Offerpad First Quarter 2024 Earnings Call ...
Offerpad Solutions Inc. (OPAD) Reports Q1 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-05-06 22:41
Offerpad Solutions Inc. (OPAD) came out with a quarterly loss of $0.65 per share versus the Zacks Consensus Estimate of a loss of $0.37. This compares to loss of $2.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -75.68%. A quarter ago, it was expected that this company would post a loss of $0.42 per share when it actually produced a loss of $0.57, delivering a surprise of -35.71%.Over the last four quarters, the company ha ...
Offerpad Solutions (OPAD) - 2024 Q1 - Quarterly Report
2024-05-06 20:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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 March 31, 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: 001-39641 Offerpad Solutions Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 85-2800538 (State or ...
Offerpad Solutions (OPAD) - 2024 Q1 - Quarterly Results
2024-05-06 20:15
Exhibit 99.1 Offerpad Reports First Quarter 2024 Results Q1 2024 revenue of $285 million at the high end of guidance, up sequentially for third consecutive quarter with gross profit up 210% annually Record-breaking quarter for Of erpad Renovate CHANDLER, Ariz.—(BUSINESS WIRE)— Offerpad Solutions Inc. ("Offerpad") (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended March 31, 2024. • Improved Net Loss 71% from the prior year an ...
Offerpad Solutions Inc. (OPAD) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
Zacks Investment Research· 2024-04-29 15:06
The market expects Offerpad Solutions Inc. (OPAD) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on May 6, 2024, might help the stock move higher if these key numbe ...
Offerpad Solutions (OPAD) - 2023 Q4 - Annual Report
2024-02-27 21:11
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 001-39641 Offerpad Solutions Inc. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 Securities registered pursuant to Section 12(b) of the Act: | Title of each class ...
Offerpad Solutions (OPAD) - 2023 Q4 - Earnings Call Transcript
2024-02-27 03:19
Offerpad Solutions Inc. (NYSE:OPAD) Q4 2023 Earnings Conference Call February 26, 2024 4:30 PM ET Company Participants Taylor Giles - IR Brian Bair - Chairman and CEO James Grout - Interim Principal Financial Officer and SVP, Finance Conference Call Participants Nick Jones - JMP Dae Lee - JPMorgan Ryan Tomasello - Stifel Michael Ng - Goldman Sachs Operator Good afternoon. Thank you for attending the Offerpad Fourth Quarter 2023 Earnings Call. My name is Matt, and I'll be your moderator for today's call. [Op ...
Offerpad Solutions (OPAD) - 2023 Q4 - Annual Results
2024-02-26 21:16
CHANDLER, Ariz.—(BUSINESS WIRE)— Offerpad Solutions Inc. ("Offerpad") (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended and full year December 31, 2023. "We successfully navigated 2023 from a position of operational excellence," said Brian Bair, chairman and CEO. "During the year, we acted decisively to streamline the business and reduce costs, setting us up to drive improved top line growth and profitability in 2024 and be ...
Offerpad Solutions (OPAD) - 2023 Q3 - Earnings Call Transcript
2023-11-02 01:50
Offerpad Solutions Inc. (NYSE:OPAD) Q3 2023 Earnings Conference Call November 1, 2023 4:30 PM ET Company Participants Taylor Giles - Investor Relations Brian Bair - Chairman and Chief Executive Officer Jawad Ahsan - Chief Financial Officer James Grout - SVP, Finance Conference Call Participants Ryan Tomasello - Stifel Operator Good afternoon. Thank you for attending the Offerpad Third Quarter 2023 Earnings Conference Call. My name is Hanna, and I'll be the moderator for today's call. [Operator Instructions] ...
Offerpad Solutions (OPAD) - 2023 Q3 - Quarterly Report
2023-11-01 20:21
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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 September 30, 2023 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: 001-39641 Offerpad Solutions Inc. (Exact Name of Registrant as Specified in its Charter) | Large accelerated filer ...