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

Marcus and Millichap

05/11/2021 14:58

* Marcus & Millichap Inc  MMI.N  reported quarterly adjusted
earnings of 84 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 35 cents per share.
* Revenue rose 109.6% to $332.38 million from a year ago; 
analysts expected $219.42 million. 
* Marcus & Millichap Inc's reported EPS for the quarter was 84
cents​.
* The mean earnings estimate of analysts had risen by
about 11.3% 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 risen by 14.8% this
quarter and gained 25.3% so far this year.
* The company reported quarterly net income of $33.92 million.
* Wall Street's median 12-month price target for Marcus &
Millichap Inc is $37.00 
* 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." 
This summary was machine generated November 5 at 02:58 p.m.
 ​All figures in US dollars unless otherwise stated