Marcus & Millichap Inc expected to post a loss of 28 cents a share - Earnings Preview

Marcus and Millichap

14/02/2024 13:48

* Marcus & Millichap Inc  MMI.N   MMI  is expected to show a
fall
in quarterly revenue when it reports  results on February 16 for
the period ending December 31 2023
    * The Calabasas California-based  company is expected to
report a
34.8% decrease in revenue to $171.2 million from $262.45 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Marcus & Millichap Inc
is for
a loss of 28 cents per share. 
    * The one available analyst rating on the shares is
"sell".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Marcus &
Millichap Inc is $20.00​, below​ its last closing price
of $37.30. ​​​

This summary was machine generated February 14 at 13:48 GMT. 
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)