Earnings Preview: Marcus & Millichap
Portfolio Pulse from Benzinga Insights
Marcus & Millichap (NYSE:MMI) is set to release its quarterly earnings report on November 3, 2023. Analysts estimate an earnings per share (EPS) of $-0.26. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $29.22, down 13.9% over the last 52-week period.
November 02, 2023 | 4:02 pm
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NEGATIVE IMPACT
Marcus & Millichap is expected to report a negative EPS of $-0.26. The stock has been on a downward trend, down 13.9% over the last year.
The company is expected to report a negative EPS, which is generally seen as a negative signal by investors. Additionally, the stock has been on a downward trend over the past year, which could further dampen investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100