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

Anywhere Real Estate

25/04/2024 17:01

* Anywhere Real Estate Inc  HOUS.N  reported a quarterly
adjusted
loss of 79 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of -97 cents.  The mean expectation of
five analysts for the quarter was for a loss of 67 cents per
share. Wall Street expected results to range from -69 cents
to -63 cents per share.
    * Revenue fell 0.4% to $1.13 billion from a year ago;
analysts
expected $1.15 billion. 
    * Anywhere Real Estate Inc's reported EPS for the quarter
was a
loss of 91 cents​.
    * The company reported a quarterly loss of $101 million.
    * Anywhere Real Estate Inc shares had fallen by 12.5% this
quarter and lost 33.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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 April 25 at
04:01 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
 Mar. 31 2024      -0.67          -0.79          Missed
 Dec. 31 2023      -0.32          -0.54          Missed
 Sep. 30 2023      0.32           0.14           Missed
 Jun. 30 2023      0.33           0.24           Missed