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

Marcus and Millichap

17/02/2023 14:32

* Marcus & Millichap Inc  MMI.N  reported quarterly adjusted
earnings of 20 cents​​ per share for the quarter ended in
December. The lone analyst forecast for the quarter was
for earnings of 19 cents per share.
    * Revenue fell 47% to $262.45 million from a year ago;
analysts
expected $260.70 million. 
    * Marcus & Millichap Inc's reported EPS for the quarter was
20
cents​.
    * The mean earnings estimate of analysts had fallen by
about 76.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Marcus & Millichap Inc shares had risen by 2.5% this
quarter.
    * The company reported quarterly net income of $7.91
million.
    * Wall Street's median 12-month price target for Marcus &
Millichap Inc is $24.00 
    * 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 from Refinitiv data February
17 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.19           0.20           Beat
 Sep. 30 2022      0.55           0.53           Missed
 Jun. 30 2022      0.84           1.04           Beat
 Mar. 31 2022      0.72           0.81           Beat