The upcoming earnings report for OPEN is set for Wednesday, May 6th, with a consensus estimate EPS of -0.05.
Opendoor Technologies Inc. is currently priced at $5.51, showing a price increase of 2.23% from the previous close. Trading volume stands at $20.81 million, surpassing the average by 49.39%.
The latest quarterly earnings report, dated Wednesday, February 18th, indicated a consensus estimate EPS of -0.08.
Cash flow details reveal positive free cash flow of $67 million, while debt repayment amounts to $1.36 billion, resulting in a net change in cash of -$151 million.
The income statement shows revenue of $736 million, with a gross profit of $46 million. Operating income stands at -$151 million, with a net income of -$1 billion.
Key ratios include a quick ratio of 4.2, gross profit margin of 6.25%, and a debt equity ratio of 19.2.
The balance sheet indicates total assets of $2.41 billion and total liabilities of $1.40 billion, with net debt at -$769 million.
This comprehensive overview highlights OPEN's financial performance and position in the current market session.
Opendoor Technologies Inc. operates a digital platform for residential real estate in the United States. The company's platform enables consumers to buy and sell a home online. It also provides title insurance and escrow services. Opendoor Technologies Inc. was incorporated in 2013 and is based in Tempe, Arizona.