Opendoor (OPEN) Tops Q4 EPS by 10c, provides guidance

Opendoor (NASDAQ: OPEN) reported Q4 EPS of ($0.14), $0.10 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $870 million versus the consensus estimate of $827.6 million.

GUIDANCE:

Opendoor sees Q1 2024 revenue of $1.05-1.1 billion, versus the consensus of $1.173 billion. 1Q24 Contribution Profit1 guidance of $40 million to $50 million
1Q24 Adjusted EBITDA1 guidance of $(80) million to $(70) million

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

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