Anywhere Real Estate Q3 EPS $0.15 Misses $0.32 Estimate, Sales $1.58B Miss $1.62B Estimate
Portfolio Pulse from Benzinga Newsdesk
Anywhere Real Estate (NYSE:HOUS) reported Q3 earnings of $1.17 per share, beating the analyst consensus estimate of $0.32 by 265.62%. This is a 101.72% increase from the same period last year. However, the company's quarterly sales of $1.58 billion missed the analyst consensus estimate of $1.62 billion by 2.22%, marking a 12.39% decrease from the same period last year.
October 24, 2023 | 11:42 am
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Anywhere Real Estate's Q3 earnings significantly exceeded estimates, but sales fell short and decreased compared to last year.
The company's earnings beat estimates by a significant margin, which is a positive signal for investors. However, the missed sales estimates and decrease from last year could offset this positive impact, leading to a neutral short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100