Financial PerformanceThe 3Q outlook was relatively in-line with expectations, with revenue guidance of $1.425bn-$1.525bn, implying a 4 point deceleration in growth from 2Q24.
Mergers And AcquisitionsRecent M&A transactions proved dilutive to commission splits, while high take-rate markets such as NYC were outgrown by lower-profit geographies in middle America.
Regulatory ConcernsCOMP continues to dismiss fears over the impact of the NAR settlement.