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

Marcus and Millichap

05/05/2023 14:32

* Marcus & Millichap Inc  MMI.N  reported a quarterly
adjusted
loss of 15 cents​​ per share for the quarter ended in March. The
lone analyst forecast for the quarter was for a loss of 17 cents
per share.
    * Revenue fell 51.5% to $154.79 million from a year ago;
analysts
expected $155.70 million. 
    * Marcus & Millichap Inc's reported EPS for the quarter was
a loss
of 15 cents​.
    * The mean earnings estimate of analysts had fallen by
about 173.9% in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Marcus & Millichap Inc shares had fallen by 4.3% this
quarter and lost 10.8% so far this year.
    * The company reported a quarterly loss of $5.83 million.
    * Wall Street's median 12-month price target for Marcus &
Millichap Inc is $21.00 
    * 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 LSEG Refinitiv data May
5 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.17          -0.15          Beat
 Dec. 31 2022      0.19           0.20           Beat
 Sep. 30 2022      0.55           0.53           Missed
 Jun. 30 2022      0.84           1.04           Beat