Opendoor earnings

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Opendoor Technologies Inc. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. Please, go ahead. Kimberly Niehaus: Thank you and good afternoon. Details of our results and additional management commentary are available in our earnings release and shareholder letter, which can be found on the Investor Relations section of our website at investor.

Opendoor earnings

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Nasdaq: OPEN , a leading digital platform for residential real estate transactions, today reported financial results for its quarter ended March 31, We have made significant progress toward reshaping a broken, offline process into a digital, seamless experience for our customers. This means we align our goals and teams against both growing customers and driving sustainable margin expansion, operating with a focus on building the lowest cost structure, and having a culture of discipline around pricing and risk management across periods of uncertainty. The result of this hard work is the capability to grow and protect margins across economic cycles. Opendoor will host a conference call to discuss its financial results on May 5, , at p. Pacific Time. An archived version of the webcast will be available from the same website after the call. This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of , as amended. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking, including statements regarding our financial condition, anticipated financial performance, business strategy and plans, market opportunity and expansion and objectives of management for future operations. The absence of these words does not mean that a statement is not forward-looking.

Opendoor earnings

Opendoor Technologies Inc. OPEN is scheduled to report its fourth-quarter results on Feb 15, after the closing bell. The company has an impressive earnings surprise history. The consensus estimate for the bottom line in the to-be-reported quarter is pegged at a loss of 18 cents per share, narrower than the year-ago reported loss of 74 cents per share. Cost structure and pricing improvements are likely to have benefited the company. Our proven model does not conclusively predict an earnings beat for OPEN this time around. Here are a few stocks from the broader Business Services sector, which according to our model, have the right combination of elements to beat on earnings this season.

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Opendoor Technologies Inc.

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