Amidst difficult market conditions, the real estate franchisor's total revenue was down 8.7% YOY to $81.2M, coming shy of analysts' expectations. The company also suffered a net loss of $59.5M
The iBuyer saw revenue fall 71% year over year in the 3rd quarter of 2023. The company also lost $106M — a reversal from Q2's net profit
The portal giant brought in $496M in revenue between July and September. That's a 3% increase compared to 1 year earlier
Real estate companies have been trapped in a repeating cycle of bad financial quarters. Will this latest round of earnings break the loop, or is the industry doomed to relive it?
Anywhere Real Estate reported revenue of $1.6B and a profit of $129M for Q3, ending with $151M in cash and cash equivalents
Real estate companies and related industries faced down the down market by cutting costs to offset declines in revenue
Among the publicly traded real estate enterprises to release second-quarter earnings reports this month, 2 companies stood out for John Campbell, a managing director at analytics firm Stephens
Fathom logged a net loss of $4.3M during Q2, an improvement over the $5.7M loss logged during Q1, according to its earnings report released Wednesday
The iBuyer sold fewer homes and brought in less cash than it did during the same period in 2022, but it still managed to land in the black to the tune of $23M, according to Q2 earnings on Thursday
The company lost $38M between April and June, though it did see revenue tick up slightly. Zillow also described 2023 as 'crucial,' in a newly published earnings report
The company is halfway to its goal of delivering $200M in savings by the end of the year, according to its July 25 earnings report
The commercial and would-be residential giant saw revenue jump 13% year over year in the second quarter while profit climbed 20%, according to a 2Q earnings call Tuesday afternoon
Check out the earnings-related news to see how your brokerage or favorite real estate-related investment fared in the first 3 months of 2023
Most publicly traded real estate companies continued to bleed money in the first chunk of 2023. These metrics help explain why investors aren't panicking
David Doctorow attributed Realtor.com's reduced traffic to a slower market and argued that his company's sites have superior engagement than competitors