Opendoor (OPEN) Tops Q2 EPS by 1c, provides guidance

Opendoor (NASDAQ: OPEN) reported Q2 EPS of ($0.13), $0.01 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.47 billion.

GUIDANCE:

Opendoor sees Q3 2024 revenue of $1.2-1.3 billion, versus the consensus of $1.591 billion.
3Q24 Contribution Profit guidance of $35 million to $45 million
3Q24 Adjusted EBITDA guidance of $(70) million to $(60) million

For earnings history and earnings-related data on Opendoor (OPEN) click here.

You May Also Be Interested In

• Barclays Starts DKSH Holding AG (DKSH:SW) at Overweight
• Barclays Downgrades Telenor ASA (TEL:NO) (TELNY) to Underweight
• JPMorgan Starts BSE Limited (BSE:IN) at Neutral