The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how real estate services stocks fared in Q4, starting with CBRE (NYSE:CBRE).
Offerpad has gotten torched over the last six months - since October 2024, its stock price has dropped 57.8% to $1.66 per share. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the real estate services industry, including RE/MAX (NYSE:RMAX) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how The Real Brokerage (NASDAQ:REAX) and the rest of the real estate services stocks fared in Q4.
Let’s dig into the relative performance of Marcus & Millichap (NYSE:MMI) and its peers as we unravel the now-completed Q4 real estate services earnings season.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how real estate services stocks fared in Q4, starting with Redfin (NASDAQ:RDFN).
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the real estate services industry, including Opendoor (NASDAQ:OPEN) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Compass (NYSE:COMP) and its peers.
Technology real estate company Offerpad (NYSE:OPAD) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 27.5% year on year to $174.3 million. On the other hand, next quarter’s revenue guidance of $160 million was less impressive, coming in 38.6% below analysts’ estimates. Its GAAP loss of $0.63 per share was 31.2% below analysts’ consensus estimates.
Looking back on real estate services stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Compass (NYSE:COMP) and its peers.
Offerpad has gotten torched over the last six months - since July 2024, its stock price has dropped 36% to $2.95 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at RE/MAX (NYSE:RMAX) and the best and worst performers in the real estate services industry.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how real estate services stocks fared in Q3, starting with Anywhere Real Estate (NYSE:HOUS).
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at real estate services stocks, starting with Offerpad (NYSE:OPAD).
Technology real estate company Offerpad (NYSE:OPAD) beat Wall Street’s revenue expectations in Q3 CY2024, but sales fell 11.2% year on year to $208.1 million. On the other hand, next quarter’s revenue guidance of $172.5 million was less impressive, coming in 19.6% below analysts’ estimates. Its GAAP loss of $0.49 per share was 11.3% below analysts’ consensus estimates.
National Association of Realtors reaches $418 million settlement, revolutionizing agent commissions. Challenges and opportunities for online platforms.
