Marcus & Millichap's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Marcus & Millichap (NYSE:MMI) is set to release its quarterly earnings report on August 4, 2023. Analysts estimate an earnings per share (EPS) of $-0.23. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $37.15, down 6.46% over the last 52-week period.
August 04, 2023 | 1:53 pm
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NEGATIVE IMPACT
Marcus & Millichap is expected to report an EPS of $-0.23 in its upcoming earnings. The stock has been down 6.46% over the last year.
The company's stock has been on a downward trend over the past year, and the expected negative EPS for the upcoming quarter could potentially further depress the stock price. However, the actual impact will also depend on the company's guidance for the next quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100