Earnings Outlook For Real Brokerage
Portfolio Pulse from Benzinga Insights
Real Brokerage (NASDAQ:REAX) is scheduled to release its quarterly earnings report on March 7, 2024, with analysts expecting an EPS of $-0.04. The company's past performance shows a pattern of beating EPS estimates, leading to positive stock price movements. Shares have increased by 120.01% over the last 52 weeks, indicating bullish sentiment among long-term shareholders. Investors will be keenly watching for not only the earnings results but also the company's guidance for future growth.
March 06, 2024 | 5:01 pm
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Real Brokerage is expected to report an EPS of $-0.04 for the latest quarter, with a history of beating estimates and positive stock performance over the last year.
Given Real Brokerage's history of beating EPS estimates and the subsequent positive stock price reactions, there is a strong likelihood of a positive short-term impact on REAX's stock price if the trend continues. The 120.01% increase in share price over the last 52 weeks further supports bullish sentiment among investors, which could be bolstered by favorable earnings results and guidance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100