Marcus & Millichap (NYSE: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.
