Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Anywhere Real Estate ate (HOUS)
NYSE:HOUS
RESEARCH TOOLSreports
Holding HOUS?
Track your performance easily
Earnings Data
Report Date
Mar 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.32Last Year’s EPS
-$0.97Same Quarter Last Year
Moderate Sell
Based on 1 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: -12.50%
|Next Earnings Date:Mar 04, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong financial performance and positive strategic progress despite a challenging market environment. Highlights included strong revenue, effective cost savings, and promising October volume trends. However, the company faced headwinds with litigation, taxes, and market-specific challenges. Overall, the sentiment is cautiously optimistic with more highlights than lowlights.Company Guidance
During the third quarter 2024 earnings call for Anywhere Real Estate (symbol: HOUS), the company provided guidance highlighting several key metrics. The company reported $1.5 billion in revenue and $94 million in operating EBITDA, with a flat year-over-year closed transaction volume due to stable prices despite a challenging housing market. The company anticipates a $60 million impact from one-time payments in 2024, including an $83.5 million litigation settlement and a $40 million tax matter. They achieved $30 million in cost savings for the quarter and are on track to meet a $120 million target for the year. Free cash flow for the quarter was reported at $99 million, and the October volume results showed a significant improvement, with closed volume up 9% and open volume up 16% year-over-year. Despite facing economic headwinds, the company remains optimistic about its strategic investments in luxury, franchise, and integrated services, as well as its ongoing AI initiatives to drive efficiency and growth across its operations.Strong Financial Performance
Delivered $1.5 billion in revenue and $94 million in operating EBITDA. Generated $99 million in free cash flow for Q3 2024.
Luxury and Franchise Business Growth
Luxury brands like Corcoran and Sotheby's International Realty showed 5% volume growth. Added 17 new franchisees in Q3.
Strategic Investments and Innovations
Significant investments in AI and integration of brokerage and title services. Launched generative AI capabilities used in nearly 12,000 listings.
Cost Savings Achievements
Realized $30 million in cost savings in Q3, on track to achieve $120 million target for the year.
Positive October Volume Trends
October closed volume up 9% YoY and open volume up 16% YoY, adjusted for the same number of business days.
---
HOUS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
HOUS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $4.00 | $4.09 | +2.25% |
| Aug 01, 2024 | $4.72 | $4.27 | -9.53% |
| Apr 25, 2024 | $5.41 | $5.02 | -7.21% |
| Feb 15, 2024 | $7.64 | $7.44 | -2.62% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Anywhere Real Estate ate (HOUS) report earnings?
Anywhere Real Estate ate (HOUS) is schdueled to report earning on Mar 04, 2025, TBA Not Confirmed.
What is Anywhere Real Estate ate (HOUS) earnings time?
Anywhere Real Estate ate (HOUS) earnings time is at Mar 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HOUS EPS forecast?
HOUS EPS forecast for the fiscal quarter 2024 (Q4) is -$0.32.
---