Anywhere Real Estate Q1 2024 GAAP EPS $(0.91) Misses $(0.68) Estimate, Sales $1.126B Miss $1.152B Estimate
Portfolio Pulse from Benzinga Newsdesk
Anywhere Real Estate reported Q1 2024 earnings with a GAAP EPS of $(0.91), missing the $(0.68) estimate, and sales of $1.126B, missing the $1.152B estimate. This represents a 0.44% decrease in sales compared to the same period last year.
April 25, 2024 | 11:34 am
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NEGATIVE IMPACT
Anywhere Real Estate's Q1 2024 earnings missed estimates with a GAAP EPS of $(0.91) and sales of $1.126B, indicating a potential negative short-term impact on its stock price.
The miss in both earnings per share (EPS) and sales compared to analyst estimates, along with a year-over-year decrease in sales, could lead to negative investor sentiment and a potential decrease in stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100