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.

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.

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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