Preview: Marcus & Millichap's Earnings

On Friday, August 06, Marcus & Millichap (NYSE:MMI) will release its latest earnings report. Benzinga's outlook for Marcus & Millichap is included in the following report.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street analysts see Marcus & Millichap reporting earnings of $0.39 per share on sales of $216.92 million. Marcus & Millichap posted a break-even quarter on revenue of $117.40 million in the same quarter last year.

Why Analyst Estimates And Earnings Surprises Are Important

If the company were to report earnings in line when it publishes results Friday, earnings would be down 0%. Sales would be up 84.77% on a year-over-year basis. The company's reported EPS has stacked up against analyst estimates in the past like this:

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Shares of Marcus & Millichap were trading at $39.78 as of August 04. Over the last 52-week period, shares are up 48.72%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Marcus & Millichap is scheduled to hold the call at 10:30:00 ET and can be accessed here.

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