Marcus & Millichap Inc expected to post earnings of 40 cents a share - Earnings Preview

Marcus and Millichap

04/08/2021 14:48

* Marcus & Millichap Inc  MMI.N   MMI  is expected to show a
rise in quarterly revenue when it reports results on August 6. 
* The Calabasas, California-based company is expected to report 
 a 84.8% increase in revenue to $216.923 million from $117.4
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 40 cents per share. For the same quarter last
year, the company reported breakeven results 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 $35​, about 12.2% below​ its last closing price
of $39.28. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  -0.15       -0.15      0.00      Beat    100
 Mar.          0.31​       0.31       0.33      Beat    6.5​
 31​ 2020​                                              
 Dec. 31 2019  0.49        0.49       0.52      Beat    6.1​
 Sep. 30 2019  0.52        0.49       0.49      Met     0
 Jun. 30 2019  0.44        0.43       0.54      Beat    24.6
 This summary was machine generated August 4 at 13:48 GMT.  All
figures in US dollars unless otherwise stated