Anywhere Real Estate (NYSE:HOUS) Announces Earnings Results, Misses Expectations By $0.09 EPS

Anywhere Real Estate (NYSE:HOUS) issued its quarterly earnings results on Thursday. The company reported ($0.45) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.36) by ($0.09), Zacks reports. The company had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.28 billion. Anywhere Real Estate had a negative return on equity of 6.46% and a negative net margin of 3.06%.

Anywhere Real Estate Stock Up 6.4 %

Shares of Anywhere Real Estate stock traded up $0.24 during trading on Friday, hitting $3.89. 718,469 shares of the stock traded hands, compared to its average volume of 1,114,950. The firm has a market cap of $432.25 million, a P/E ratio of -2.51 and a beta of 2.40. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 1.34. Anywhere Real Estate has a 52-week low of $2.71 and a 52-week high of $7.44. The stock’s fifty day simple moving average is $3.62 and its 200 day simple moving average is $4.30.

Analyst Ratings Changes

Separately, Barclays decreased their target price on Anywhere Real Estate from $4.00 to $3.00 and set an “underweight” rating for the company in a research report on Thursday, January 16th.

About Anywhere Real Estate

Anywhere Real Estate Inc, through its subsidiaries, provides residential real estate services in the United States and internationally. The company operates through three segments: Anywhere Brands, Anywhere Advisors, and Anywhere Integrated Services. The Anywhere Brands segment franchises the Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, and Sotheby's International Realty brand names.