Shares of Anywhere Real Estate Inc. (HOUS) soared 5.05% in pre-market trading on Tuesday following the release of its impressive second-quarter 2025 financial results and a positive cost savings outlook. The real estate services company's strong performance and future prospects have caught investors' attention, driving the stock's significant uptick.
Anywhere Real Estate reported a solid second quarter, with earnings per share (EPS) of $0.24 and revenue of $1,700 million. The company's net income stood at $27 million, while adjusted net income reached $36 million. Additionally, the real estate giant posted an EBITDA of $133 million for the quarter, demonstrating robust operational efficiency.
Adding to the positive sentiment, Anywhere Real Estate announced its expectation to realize cost savings of approximately $100 million in 2025. This forward-looking statement suggests the company is actively working on improving its operational efficiency and profitability, which has likely contributed to the pre-market stock surge. Investors appear to be optimistic about the company's financial health and its potential for future growth in the real estate services sector.