Shares of Anywhere Real Estate Inc. (HOUS) plummeted 5.33% in pre-market trading on Tuesday after the company reported its second-quarter 2025 financial results, which fell short of analysts' expectations.

The real estate services provider announced adjusted earnings per share of $0.32, missing the analyst consensus estimate of $0.34 by 5.04%. This represents a 5.88% decrease compared to earnings of $0.34 per share from the same period last year. The company's quarterly revenue came in at $1.682 billion, slightly below the analyst consensus estimate of $1.683 billion.

Despite some positive aspects in the report, including a slight increase in revenue and improved net income, investors seemed to focus on the missed estimates and the decline in adjusted net income. Anywhere Real Estate reported an adjusted net income of $36 million for Q2, down $4 million from the previous year. The company's CFO, Charlotte Simonelli, highlighted improved financial flexibility through new debt raising and capital structure improvements, but this wasn't enough to offset the negative sentiment. The real estate market's challenges, including a 4% decrease in closed homesale sides for the Anywhere Brands Franchise Group, may have also contributed to investor concerns about the company's near-term prospects.