Marcus & Millichap is a leading commercial real estate services firm that specializes in investment brokerage, offering a comprehensive range of services to help clients buy, sell, and finance properties
The company leverages its extensive research, market knowledge, and strong network of industry relationships to facilitate transactions across various property types, including multifamily, retail, office, and industrial sectors. With a focus on delivering exceptional client service, Marcus & Millichap provides innovative marketing strategies and expert guidance to investors and property owners, enabling them to maximize the value of their real estate assets.
Over the past six months, Marcus & Millichap has been a great trade, beating the S&P 500 by 6.9%. Its stock price has climbed to $35.01, representing a healthy 14.2% increase. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at RE/MAX (NYSERMAX) and the best and worst performers in the real estate services industry.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the real estate services industry, including Cushman & Wakefield (NYSECWK) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how real estate services stocks fared in Q3, starting with Marcus & Millichap (NYSEMMI).
Real estate brokerage and services firm Marcus & Millichap (NYSEMMI) reported Q3 CY2024 results exceeding the market’s revenue expectations, with sales up 4% year on year to $168.5 million. Its GAAP loss of $0.14 per share was also 26.3% above analysts’ consensus estimates.
Real estate brokerage and services firm Marcus & Millichap (NYSEMMI)
will be announcing earnings results tomorrow before market open. Here’s what you need to know.
Companies Reporting Before The Bell • Arbor Realty Trust (NYSEABR) is expected to report quarterly earnings at $0.44 per share on revenue of $97.65 million.
Real estate brokerage firm Marcus & Millichap Inc (NYSEMMI) has signed a strategic partnership, including an equity investment and commercial relationship with Archer, a venture-backed real estate technology company. The financial details were not disclosed.
Companies Reporting Before The Bell • Arcutis Biotherapeutics (NASDAQARQT) is expected to report quarterly loss at $0.86 per share on revenue of $32.83 million.
Companies Reporting Before The Bell • CNH Industrial (NYSECNHI) is estimated to report quarterly earnings at $0.32 per share on revenue of $5.08 billion.
