Marcus & Millichap Inc expected to post earnings of 35 cents a share - Earnings Preview

Marcus and Millichap

03/11/2021 14:21

* Marcus & Millichap Inc  MMI.N   MMI  is expected to show a
rise in quarterly revenue when it reports  results on November
5. 
* The Calabasas, California-based company is expected to report 
a 38.4% increase in revenue to $219.415 million from $158.58
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 35 cents per share. For the same quarter last
year, the company reported earnings of 15 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 $37​, about 21.9% below​ its last closing price
of $45.12. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.40        0.40       0.78      Beat    97.5
 Mar. 31 2021  0.19        0.19       0.37      Beat    94.7
 Dec. 31 2020  0.14        0.16       0.59      Beat    280.6​
 Sep. 30 2020  0.06        0.06       0.15      Beat    150
 ​​Jun.        -0.15       -0.15      0.00      Beat    100
 30 2020                                                
 Mar. 31 2020  0.31        0.31       0.33      Beat    6.5​
 Dec. 31 2019  0.49        0.49       0.52      Beat    6.1
 Sep. 30 2019  0.52        0.49       0.49      Met     0
 This summary was machine generated November 3 at 14:21 GMT.  All
figures in US dollars unless otherwise stated