Real Brokerage Q4 2023 GAAP EPS $(0.070) Misses $(0.040) Estimate, Sales $181.341M Beat $161.163M Estimate
Portfolio Pulse from Benzinga Newsdesk
Real Brokerage reported Q4 2023 GAAP EPS of $(0.070), missing the $(0.040) estimate, but sales of $181.341M exceeded the $161.163M estimate, marking an 88.66% increase from the previous year.
March 07, 2024 | 12:33 pm
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Real Brokerage missed EPS estimates but surpassed sales forecasts in Q4 2023, with a significant year-over-year sales increase.
While the EPS miss might concern some investors, the substantial beat on sales forecasts and the impressive year-over-year growth could offset negative sentiment. The mixed results present a neutral outlook in the short term as investors weigh the significance of the earnings miss against the strong sales performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100