Opendoor Q4 EPS Loss Narrows to $0.07, Revenue Falls $348M, Shares Surge 16%
Opendoor reported a Q4 EPS loss of $0.07, narrower than the $0.10 consensus, while revenue fell by $348 million year-over-year. The stock closed up 0.43% at $4.65 and surged 16% to $5.40 in after-hours trading.
1. Q4 Earnings Performance
Opendoor posted a Q4 EPS loss of $0.07 per share, improving from a $0.082 loss in the prior quarter and outpacing the $0.10-per-share consensus estimate.
2. Revenue Trends
The company’s Q4 revenue declined by $348 million year-over-year, reflecting pressure in the housing market and signaling challenges in sustaining top-line growth despite operational gains.
3. Market Reaction
Shares closed at $4.65, up 0.43% on the day, before jumping 16% to $5.40 in after-hours trading, highlighting investor optimism around narrowing losses despite continued revenue headwinds.
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