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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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