Real Brokerage Q2 EPS $(0.02) Beats $(0.03) Estimate, Sales $185.33M Beat $131.54M Estimate
Portfolio Pulse from Happy Mohamed
Real Brokerage (NASDAQ:REAX) reported Q2 earnings per share of $(0.02), beating the analyst consensus estimate of $(0.03) by 33.33%. The company also reported quarterly sales of $185.33 million, surpassing the analyst consensus estimate of $131.54 million by 40.89%. This represents a 64.95% increase over sales of $112.36 million in the same period last year.
August 09, 2023 | 11:31 am
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Real Brokerage's Q2 earnings and sales beat analyst estimates, with sales showing a significant YoY increase.
Real Brokerage's Q2 earnings and sales exceeded analyst estimates, which is generally a positive signal for the stock. The significant YoY increase in sales suggests strong growth, which could further boost investor sentiment and potentially lead to a short-term increase in the stock price.
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RELEVANCE 100