Anywhere Real Estate Q2 2024 Adj EPS $0.27 Misses $0.38 Estimate, Sales $1.67B Miss $1.70B Estimate
Portfolio Pulse from Benzinga Newsdesk
Anywhere Real Estate (NYSE:HOUS) reported Q2 2024 adjusted EPS of $0.27, missing the $0.38 estimate by 28.95%. Sales were $1.67B, missing the $1.70B estimate by 1.99%. This represents a 0.12% decrease from the same period last year.
August 01, 2024 | 11:31 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Anywhere Real Estate (NYSE:HOUS) reported Q2 2024 adjusted EPS of $0.27, missing the $0.38 estimate by 28.95%. Sales were $1.67B, missing the $1.70B estimate by 1.99%. This represents a 0.12% decrease from the same period last year.
The significant miss on EPS and slight miss on sales estimates are likely to negatively impact the stock price in the short term. The YoY decrease in sales, although minor, adds to the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100