Opendoor Stock is Rising Ahead of Q2 Earnings Report Today

Opendoor Technologies Inc. (NASDAQ: OPEN ) shares are climbing Tuesday as investors take positions ahead of the real estate platform’s second-quarter results due today after the close. Here’s what you should know. Opendoor Technologies shares are powering higher. Why is OPEN stock up today? Opendoor Steps Into Q2 Earnings With a Profitability Milestone in Reach The Street is looking for a loss of 7 cents per share against revenue of $666.54 million when the company reports after the bell, figures that would represent a meaningful step forward from where the business stood three months ago. Opendoor Guidance: What Management Set Up in Q2 When first-quarter results were released in May, management projected roughly 25% sequential revenue growth for the second quarter, a target that would land the outcome close to the current consensus. Equally important, the company projecte...