Marcus & Millichap Inc expected to post earnings of 19  cents a share - Earnings Preview

Marcus and Millichap

05/05/2021 14:44

* Marcus & Millichap Inc  MMI.N   MMI  is expected to show a
fall in quarterly revenue when it reports results on May 7 .
* The Calabasas, California-based company is expected to report 
 a 9.5% decrease in revenue to $172.612 million from $190.72
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Marcus & Millichap Inc
is for earnings of 19 cents per share. For the same quarter last
year, the company reported earnings of 33 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong 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 $28​, about 28.6% below​ its last closing price
of $36.01. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.14        0.16       0.59      Beat    280.6
 Sep. 30 2020  0.06        0.06       0.15      Beat    150
 Jun. 30 2020  -0.15       -0.15      0.00      Beat    100​
 Mar. 31 2020  0.31        0.31       0.33      Beat    6.5
 Dec.          0.49​       0.49       0.52      Beat    6.1​
 31​ 2019​                                              
 Sep. 30 2019  0.52        0.49       0.49      Met     0​
 Jun. 30 2019  0.44        0.43       0.54      Beat    24.6
 Mar. 31 2019  0.42        0.42       0.40      Missed  -4.8
 This summary was machine generated May 5 at 13:44 GMT.  All
figures in US dollars unless otherwise stated