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

Real Brokerage Inc REAX.OQ reported a quarterly adjusted loss of 2 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -9 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 76.3% to $353.98 million from a year ago; analysts expected $332.92 million.

Real Brokerage Inc's reported EPS for the quarter was a loss of 2 cents​.

The company reported a quarterly loss of $4.97 million.

Real Brokerage Inc shares had risen by 10.1% this quarter and lost 2.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 22.7% 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 "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 May 8 at 01:30 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
Mar. 31 2025-0.04-0.02Beat
Dec. 31 2024-0.04-0.03Beat
Sep. 30 2024-0.03-0.01Beat
Jun. 30 2024-0.02-0.01Beat

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