OPAD News and Press, Offerpad Solutions Inc. Class A From 06/08/23

Offerpad Solutions Inc. (“Offerpad” or the “Company”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, announced today that it will effect a 1-for-15 reverse stock split (the “Reverse Stock Split”) of its Class A common stock, pa...

2023-05-24 14:57:22 ET In its preliminary annual 2023 Russell indexes reconstitution, the following major financials and real estate companies will be added to and deleted from the Russell 3000 index: Notable additions : NewtekOne ( NASDAQ: NEWT ), Alpine Income Prope...

2023-05-03 19:11:04 ET Offerpad Solutions Inc. (OPAD) Q1 2023 Earnings Conference Call May 03, 2023, 05:00 PM ET Company Participants Stefanie Layton - SVP-IR and ESG Brian Bair - Chairman and CEO Michael Burnett - CFO Conference Call Participants Nic...

2023-05-03 17:14:02 ET Offerpad Solutions press release ( NYSE: OPAD ): Q1 GAAP EPS of -$0.17 beats by $0.07 . Revenue of $609.6M (-55.5% Y/Y) beats by $99.99M . Q2 Revenue of $140M – $200M, vs. consensus of $438.01M. Shares +5.12% AH. For ...

-- 99% of legacy inventory under contract or sold -- -- Sequential improvement in operating metrics -- Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three...

2023-05-02 17:35:58 ET Offerpad Solutions ( NYSE: OPAD ) is scheduled to announce Q1 earnings results on Wednesday, May 3rd, after market close. The consensus EPS Estimate is -$0.23 and the consensus Revenue Estimate is $510.35M (-62.7% Y/Y). Over the last 3 months, EP...

Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, announced today the company will release first-quarter financial results on Wednesday, May 3, 2023. The company also will host a conference call and accompanying webcast a...

2023-03-30 17:23:40 ET Offerpad Solutions ( NYSE: OPAD ) disclosed in a Securities and Exchange filing on Thursday a mixed shelf offering to raise up to $250 million. Under the offering, the company may sell class A shares, preferred stock, debt securities, depository shares, ...

2023-03-23 03:22:25 ET Summary Offerpad Solutions has been impacted tremendously due to the fast-deteriorating housing market. Management has taken extreme steps to survive this housing slowdown.  Will it be enough to navigate through this storm? An investment analysis fo...

2023-03-08 09:09:34 ET J.P. Morgan on Wednesday downgraded shares of Offerpad Solutions ( NYSE: OPAD ) to Neutral from Overweight as the iBuying company's projected pace of home acquisitions for the second quarter is not adequate to meet consensus estimates. The stock slid ...