Anywhere Real Estate (NYSE:HOUS) Releases Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Anywhere Real Estate (NYSE:HOUS) posted its quarterly earnings data on Thursday. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.03, Zacks reports. Anywhere Real Estate had a negative net margin of 0.87% and a negative return on equity of 5.65%. The firm had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.70 billion. During the same quarter in the prior year, the company posted $0.24 earnings per share. The company’s revenue for the quarter was down .1% compared to the same quarter last year.

Anywhere Real Estate Stock Up 1.4 %

Shares of HOUS traded up $0.06 during mid-day trading on Friday, hitting $4.33. 1,204,200 shares of the company traded hands, compared to its average volume of 1,436,486. Anywhere Real Estate has a 1-year low of $3.01 and a 1-year high of $8.48. The business has a 50 day moving average of $3.83 and a 200 day moving average of $5.21. The company has a quick ratio of 0.30, a current ratio of 0.38 and a debt-to-equity ratio of 1.37. The company has a market capitalization of $481.11 million, a PE ratio of -7.73 and a beta of 2.30.

Wall Street Analyst Weigh In

Separately, Barclays cut their price objective on shares of Anywhere Real Estate from $4.50 to $3.50 and set an “underweight” rating on the stock in a report on Friday, July 12th.

About Anywhere Real Estate

Anywhere Real Estate Inc, through its subsidiaries, provides residential real estate services in the United States and internationally. The company operates through three segments: Anywhere Brands, Anywhere Advisors, and Anywhere Integrated Services. The Anywhere Brands segment franchises the Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, and Sotheby's International Realty brand names.