Offerpad Solutions reports Q3 EPS (73c), consensus (67c)

Reports Q3 revenue $234.2M, consensus $238.8M. “We are pleased that we met both top and bottom-line expectations in the third quarter, despite a continued difficult macro environment. We are particularly proud of our expanding contribution margin,” said Brian Bair, Offerpad’s chairman and CEO. “We have proven we can perform in a difficult market, and we have exciting opportunities ahead of us. We are well positioned for further solid performance in 2024 as we take the friction out of real estate.”