Marcus & Millichap Inc reports results for the quarter ended June 30 - Earnings Summary
Marcus & Millichap Inc reports results for the quarter ended June 30 - Earnings Summary
Marcus & Millichap Inc MMI.N reported quarterly adjusted earnings of 10 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -28 cents. The mean expectation of two analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from -2 cents to 8 cents per share.
Revenue rose 17.8% to $202.92 million from a year ago; analysts expected $194.30 million.
The company reported quarterly net income of $3.91 million.
Marcus & Millichap Inc shares had risen by 0.2% this quarter and gained 14.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 33.3% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
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." The average consensus recommendation for the real estate services peer group is "buy."
Wall Street's median 12-month price target for Marcus & Millichap Inc is $28.00, about 11.6% below its last closing price of $31.24
This summary was machine generated from LSEG data August 6 at 01:32 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.03 | 0.10 | Beat |
Mar. 31 2026 | -0.08 | -0.08 | Met |
Dec. 31 2025 | 0.24 | 0.34 | Beat |
Sep. 30 2025 | 0.00 | 0.01 | Beat |
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