Recap: Marcus & Millichap Q2 Earnings - Marcus & Millichap (NYSE:MMI)

Marcus & Millichap MMI reported its Q2 earnings results on Friday, August 5, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Marcus & Millichap beat estimated earnings by 23.81%, reporting an EPS of $1.04 versus an estimate of $0.84.

Revenue was up $111.01 million from the same period last year.

Last quarter the company beat on EPS by $0.09 which was followed by a 1.95% drop in the share price the next day.

Here's a look at Marcus & Millichap's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.72	0.96	0.34	0.39
EPS Actual	0.81	1.53	0.84	0.78
Revenue Estimate	317.80M	370.80M	219.41M	216.92M
Revenue Actual	319.46M	495.13M	332.38M	284.95M

To track all earnings releases for Marcus & Millichap visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.