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

Marcus and Millichap

06/05/2024 18:25

* Marcus & Millichap Inc  MMI.N   MMI  is expected to show a
fall
in quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Calabasas California-based  company is expected to
report a
17.6% decrease in revenue to $127.5 million from $154.79 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 $33.30. ​​​

This summary was machine generated May 6 at 17:25 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)