* Marcus & Millichap Inc reported a quarterly adjusted loss of 14 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -24 cents. The lone analyst forecast for the quarter was for a loss of 19 cents per share.
* Revenue rose 4% to $168.51 million from a year ago; analysts expected $160.90 million.
* Marcus & Millichap Inc's reported EPS for the quarter was a loss of 14 cents.
* The company reported a quarterly loss of $5.39 million.
* Marcus & Millichap Inc shares had risen by 1.4% this quarter and lost 8.0% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 58.3% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "sell" and the breakdown of recommendations is no "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the real estate services peer group is also "sell"
Wall Street's median 12-month price target for Marcus & Millichap Inc is 30.00 This summary was machine generated from LSEG data November 8 at 04:23 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 -0.19 -0.14 Beat
Jun. 30 2024 -0.15 -0.14 Beat
Mar. 31 2024 -0.28 -0.26 Beat
Dec. 31 2023 -0.28 -0.27 Beat
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