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MMI — Marcus and Millichap News Story

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Marcus & Millichap Inc reports results for the quarter ended in December - Earnings Summary

* Marcus & Millichap Inc  MMI.N  reported quarterly adjusted
earnings of $1.53​​ per share for the quarter ended in December.
The mean expectation of two analysts for the quarter was
for earnings of 96 cents per share.
    * Revenue rose 97.9% to $495.13 million from a year ago; 
analysts
expected $370.80 million. 
    * Marcus & Millichap Inc's reported EPS for the quarter was
$1.53​.
    * The mean earnings estimate of analysts had risen by
about 69.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Marcus & Millichap Inc shares had fallen by 7.9% this
quarter.
    * The company reported quarterly net income of $62 million.
    * Wall Street's median 12-month price target for Marcus &
Millichap Inc is $40.00 
    * The current average analyst rating on the shares is "sell"
and
the breakdown of recommendations is no "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated February 18 at 01:17 p.m.
 ​All figures in US dollars unless otherwise stated

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