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Real Brokerage Inc reports results for the quarter ended December 31 - Earnings Summary

Real Brokerage Inc REAX.OQ reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -7 cents.  The mean expectation of four analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -5 cents to -4 cents per share.

Revenue rose 93.4% to $350.63 million from a year ago; analysts expected $300.11 million.

Real Brokerage Inc's reported EPS for the quarter was a loss of 3 cents​.

The company reported a quarterly loss of $6.64 million.

Real Brokerage Inc shares had risen by 7.6% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 3.6% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "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 Real Brokerage Inc is $6.00

This summary was machine generated from LSEG data March 6 at 02:31 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 2024-0.04-0.03Beat
Sep. 30 2024-0.03-0.01Beat
Jun. 30 2024-0.02-0.01Beat
Mar. 31 2024-0.04-0.09Missed

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