Anywhere Real Estate Q2 Adj EPS $0.24 Misses $0.33 Estimate, Sales $1.67B Beat $1.64B Estimate
Portfolio Pulse from Benzinga Newsdesk
Anywhere Real Estate (NYSE:HOUS) reported Q2 earnings of $0.17 per share, down from $0.76 per share last year. Quarterly sales were $1.67 billion, beating the analyst consensus estimate of $1.64 billion by 1.89 percent, but down 21.99 percent from $2.14 billion last year.
July 25, 2023 | 11:32 am
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NEGATIVE IMPACT
Anywhere Real Estate's Q2 earnings per share decreased significantly compared to last year, but sales beat estimates. However, sales are down YoY.
The significant decrease in earnings per share is a negative signal for investors, which could lead to a decrease in the stock price. Although sales beat estimates, the YoY decrease could also negatively impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100