What Analysts Predict For Opera Limited ($OPRA) 3Q20?

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Opera Limited (NASDAQ:OPRA) is expected to report third quarter earnings results, before market open, on Thursday 19th November 2020.

Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.31 per share.

Looking ahead, the full year income are expected at $ 0.28 per share on the revenues of $ 304.44 million.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 530.00 million ~ $ 560.00 million

Click Here For More Historical Outlooks Of Opera Limited

Previous Quarter Performance

Opera Limited unveiled loss for the second quarter of $ 0.17 per share, from the revenue of $ 55.43 million. The quarterly revenues down 10.21 percent compared with the same quarter last year. The consensus estimates are income of $ 0.01 per share from $ 61.02 million in revenue. The top line results fell short of analysts by $ 5.59 million or 9.16 percent.

Stock Performance

Shares of Opera Limited traded up $ 0.12 or 1.34 percent on Wednesday, reaching $ 9.08 with volume of 273.90 thousand shares. Opera Limited has traded high as $ 9.19 and has cracked $ 8.94 on the downward trend

According to the previous trading day, closing price of $ 9.08, representing a 94.78 % increase from the 52 week low of $ 4.60 and a 22.02 % decrease over the 52 week high of $ 11.49.

The company has a market capital of $ 1.04 billion and is part of the Technology sector and Internet Content & Information industry.

Conference Call

Opera Limited will be hosting a conference call at 8:00 AM eastern time on 19th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, +1 833 570-1161 U.S. or +1 918 922-6511 Toll Number, when prompted, enter passcode 3159725 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.opera.com

Opera Limited, through its subsidiaries, provides mobile and PC web browsers in Ireland, Russia, and internationally. It offers mobile browser products under the Opera Mini, Opera for Android, and Opera Touch names; PC browser under the Opera for Computers name; Opera News, a personalized news aggregation app; and Okash, a microfinance app. The company was founded in 1996 and is headquartered in Oslo, Norway.