Marcus & Millichap: Q1 Earnings Insights

Marcus & Millichap MMI reported its Q1 earnings results on Friday, May 5, 2023 at 06:10 AM.

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

Earnings

Marcus & Millichap beat estimated earnings by 11.76%, reporting an EPS of $-0.15 versus an estimate of $-0.17.

Revenue was down $164.67 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 1.59% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.19 0.55 0.84 0.72
EPS Actual 0.20 0.53 1.04 0.81
Revenue Estimate 260.70M 335.00M 335.30M 317.80M
Revenue Actual 262.45M 323.84M 395.96M 319.46M

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.

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