Shares of Anywhere Real Estate Inc. (HOUS) are soaring 5.12% in pre-market trading on Tuesday, following the release of its impressive second-quarter 2025 financial results and the announcement of significant cost-saving measures. 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 solid second-quarter results, with revenue reaching $1,700 million and earnings per share (EPS) of $0.24. The company's net income stood at $27 million, while adjusted net income reached $36 million. Additionally, the real estate giant posted a robust EBITDA of $133 million for the quarter, demonstrating strong 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. The combination of strong quarterly results and a promising cost management strategy appears to be driving the stock's pre-market rally, as investors show optimism about the company's financial health and its potential for future growth in the competitive real estate market.