Below you will find Datadoor's estimates for Opendoor's Q2 '22 earnings results, the first of two estimates we will provide for the quarter (our finalized estimate (Vol 2) will be shipped 2 weeks before earnings release, and will include forward analytics).
Q2 marks the transition from one of the hottest real estate markets of all time to one challenged by rising and unaffordable inventory, skyrocketing mortgage rates, and a likely recession. Whether Opendoor can navigate the coming turbulence profitably is unknown, which is part of the reason we believe building Datadoor so important. We will continue to deliver world-class analytics here so you have superhuman investment clarity in these uncertain times.
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