Anywhere Real Estate Inc reports results for the quarter ended in June - Earnings Summary

Anywhere Real Estate

01/08/2024 15:11

* Anywhere Real Estate Inc  HOUS.N  reported quarterly
adjusted
earnings of 33 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 24 cents.  The mean expectation of five analysts
for the quarter was for earnings of 38 cents per share. Wall
Street expected results to range from 29 cents to 47 cents per
share.
    * Revenue fell 0.1% to $1.67 billion from a year ago;
analysts
expected $1.70 billion. 
    * Anywhere Real Estate Inc's reported EPS for the quarter
was 27
cents​.
    * The company reported quarterly net income of $30 million.
    * Anywhere Real Estate Inc shares had risen by 42.6% this
quarter and lost 41.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 7% in
the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the real estate
services peer group is also "hold"

Wall Street's median 12-month price target for Anywhere Real
Estate Inc is $6.00 
This summary was machine generated from LSEG data August 1 at
02:10 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.38           0.33           Missed
 Mar. 31 2024      -0.67          -0.79          Missed
 Dec. 31 2023      -0.32          -0.54          Missed
 Sep. 30 2023      0.32           0.14           Missed