Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Įmpirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? What's Next for Opendoor Technologies Inc. Shares have added about 15.5% since the beginning of the year versus the S&P 500's gain of 6.5%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. The company has topped consensus revenue estimates four times over the last four quarters. This compares to year-ago revenues of $5.15 billion. , which belongs to the Zacks Technology Services industry, posted revenues of $3.12 billion for the quarter ended March 2023, surpassing the Zacks Consensus Estimate by 20.66%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. A quarter ago, it was expected that this company would post a loss of $0.72 per share when it actually produced a loss of $0.74, delivering a surprise of -2.78%. This quarterly report represents an earnings surprise of 9.86%. These figures are adjusted for non-recurring items. This compares to earnings of $0.15 per share a year ago. ( OPEN Quick Quote OPEN - Free Report) came out with a quarterly loss of $0.64 per share versus the Zacks Consensus Estimate of a loss of $0.71. We would like to thank our customers, and Alberta Health Services for working with us during this period, and anticipate business returning to normal.Opendoor Technologies Inc. The S.I.P.P policy has now been implemented throughout all our restaurants. We have made immediate management personnel changes at our restaurants to demonstrate our commitment. Supplementary, and further training for all staff related to preventing the spread of illness.ĭuring the past few weeks, we have been operating at limited hours to ensure immediate compliance with our enhanced S.I.P.P. ![]() An internal system to record and investigate any illness related complaint to ensure swift response and preventative measures.compliance officer to ensure compliance with the enhance policy and training (Seasonal Illness Prevention Plan) has been put in place at all our restaurants. Jerusalem Shawarma has now implemented enhanced policies, with enhanced staff training, and a new system to ensure their compliance. We would like to thank Alberta Health Services for their work, and recommendations on preventative measures, which have already been implemented to help do our part in protecting our city. Jerusalem Shawarma is committed to maintaining our quality, cleanliness, and social responsibility which have been the hallmark of our family owned business.Ī few weeks ago, Alberta Health Services conducted an investigation related to a seasonal illness and determined it was unrelated to our restaurant operations, or the quality of our food. RE: JERSUSALEM SHAWARMA IMPLEMENTS NEW S.I.P.P POLICY
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