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

Marcus and Millichap

04/11/2022 13:32

* Marcus & Millichap Inc  MMI.N  reported quarterly adjusted
earnings of 53 cents​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was
for earnings of 55 cents per share.
    * Revenue fell 2.6% to $323.84 million from a year ago;
analysts
expected $335.00 million. 
    * Marcus & Millichap Inc's reported EPS for the quarter was
53
cents​.
    * The mean earnings estimate of analysts had fallen by
about 36%
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 5.4% this
quarter and
lost 31.4% so far this year.
    * The company reported quarterly net income of $21.36
million.
    * Wall Street's median 12-month price target for Marcus &
Millichap Inc is $26.00 
    * 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 November
4 at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.55           0.53           Missed
 Jun. 30 2022      0.84           1.04           Beat
 Mar. 31 2022      0.72           0.81           Beat
 Dec. 31 2021      0.96           1.53           Beat