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Opendoor (OPEN) Reports Earnings Tomorrow: What To Expect
Opendoor (OPEN) is scheduled to announce its earnings results tomorrow, with analysts expecting a 45.1% year-on-year revenue decline to $595 million and an adjusted loss of -$0.09 per share. Despite a history of beating revenue estimates, the company’s stock has been down 32.6% over the last month, contrasting with a generally flat performance in the consumer discretionary - real estate services segment. Investors will be watching closely to see if Opendoor can once again exceed expectations, given its recent performance and the mixed results from peers like Marcus & Millichap and Zillow.