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

Marcus and Millichap

06/05/2022 14:32

* Marcus & Millichap Inc  MMI.N  reported quarterly adjusted
earnings of 81 cents​​ per share for the quarter ended in March.
The lone analyst forecast for the quarter was for earnings of 72
cents per share.
    * Revenue rose 73.6% to $319.46 million from a year ago; 
analysts
expected $317.80 million. 
    * The mean earnings estimate of analysts had risen by
about 75.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Marcus & Millichap Inc shares had fallen by 17.2% this
quarter and lost 13.5% so far this year.
    * 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 May 6 at 01:32 p.m.  ​All
figures in US dollars unless otherwise stated