Shares of Anywhere Real Estate Inc. (HOUS) surged 5.05% in pre-market trading on Tuesday, following the release of its impressive second-quarter 2025 financial results and announcement of significant cost-saving measures.

The company reported a strong performance for Q2 2025, with earnings per share (EPS) of $0.24 and revenue of $1,700 million. Net income for the quarter stood at $27 million, while adjusted net income reached $36 million. The real estate giant also posted a robust EBITDA of $133 million for the period, demonstrating solid operational efficiency.

Adding to the positive sentiment, Anywhere Real Estate Inc. revealed plans to implement cost-saving initiatives, expecting to realize savings of about $100 million in 2025. This strategic move aims to enhance profitability and streamline operations, which has evidently resonated well with investors. The combination of strong quarterly results and forward-looking cost management strategies appears to be driving the stock's pre-market rally, as the company positions itself for sustained growth in the competitive real estate market.