Opera (OPRA) Scheduled to Post Earnings on Tuesday

Opera (NASDAQ:OPRAGet Free Report) will post its quarterly earnings results before the market opens on Tuesday, October 29th. Analysts expect Opera to post earnings of $0.23 per share for the quarter. Opera has set its Q3 2024 guidance at EPS and its FY 2024 guidance at EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.

Opera (NASDAQ:OPRAGet Free Report) last announced its quarterly earnings data on Thursday, August 22nd. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.05. Opera had a net margin of 40.85% and a return on equity of 19.59%. The business had revenue of $109.73 million during the quarter, compared to analyst estimates of $108.65 million. During the same period last year, the firm posted $0.15 EPS. On average, analysts expect Opera to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Opera Trading Up 2.2 %

Shares of OPRA opened at $16.48 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.51 and a quick ratio of 2.51. Opera has a 1 year low of $10.11 and a 1 year high of $17.31. The company has a 50 day simple moving average of $14.84 and a two-hundred day simple moving average of $13.94. The firm has a market cap of $1.46 billion, a P/E ratio of 8.77 and a beta of 1.04.

Analyst Upgrades and Downgrades

Separately, B. Riley raised their target price on shares of Opera from $22.00 to $24.00 and gave the company a “buy” rating in a report on Friday, August 23rd.

Read Our Latest Report on OPRA

About Opera

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Opera Limited, together with its subsidiaries, provides mobile and PC web browsers and related products and services in Norway and internationally. The company offers mobile browser products, such as Opera Mini, Opera browser for Android and iOS, and Opera GX for PCs and Mobile; Opera Touch; PC browsers, including Opera for Computers and Opera GX; Apex Football; Opera VPN Pro; and Opera News, an AI-powered personalized news discovery and aggregation service.

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Earnings History for Opera (NASDAQ:OPRA)

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