From StockStory: 2025-05-04 16:47:00

Tomorrow, Offerpad (NYSE:OPAD) will announce earnings results. Last quarter, it met revenue expectations at $174.3 million, down 27.5% year on year, but missed adjusted operating income estimates. The company sold 503 homes, a 29.4% decrease. In the upcoming quarter, revenue is expected to decline 41.9% to $165.9 million, with an adjusted loss of -$0.53 per share. Analysts have maintained estimates, despite Offerpad missing revenue estimates four times in the last two years. Peers like Cushman & Wakefield and Newmark have reported revenue growth, with positive investor sentiment in the real estate services sector. Offerpad’s stock price is down 30.2% in the last month.

Read more at StockStory: What To Look For From OPAD