Although it will be only a fortnight after Purplebricks Group PLC (LON:PURP) launched its business in the US, a trading update from the hybrid estate agent on Friday will be eyed for any comment on early progress across the Atlantic.
Kicking off in Los Angeles the group plans to then extend across the state of California and other targeted key states thereafter in line with the region-by-region rollout successfully adopted for entry in the UK and Australian markets.
At the end of June, Purplebricks reported a halving in annual losses in its first full year of operation since listing on AIM in December 2015, and upgraded its expectations for the UK market.
In the year to April 30, Purplebricks saw its loss on ordinary activities before tax reduced to £6.059mln, down from an £11.90bn loss a year earlier, as revenue more than doubled to £46.7mln, up from £18.6m in 2016.
Investors will be hoping for more of the same in the first half of this year.
Significant events expected on Friday September 29:
Trading update: Purplebricks Group PLC (LON:PURP)
Finals: CVS Group PLC (LON:CVSG)
Interims: Styles & Wood Group PLC (LON:STY), Zegona Communications PLC (LON:ZEG)
Economic data: US personal income, consumption; Chicago PMI; final University of Michigan consumer sentiment reading