Anywhere Real Estate (NYSE:HOUS) Issues Quarterly Earnings Results, Misses Expectations By $0.06 EPS

Anywhere Real Estate (NYSE:HOUS - Get Free Report) issued its quarterly earnings data on Tuesday. The company reported ($0.57) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.51) by ($0.06), Zacks reports. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.13 billion. Anywhere Real Estate had a negative return on equity of 5.88% and a negative net margin of 2.25%. The company's revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.91) earnings per share.

Anywhere Real Estate Trading Up 8.4 %

Shares of Anywhere Real Estate stock traded up $0.29 during trading hours on Thursday, reaching $3.75. 1,811,078 shares of the company's stock were exchanged, compared to its average volume of 1,335,849. The company has a current ratio of 0.33, a quick ratio of 0.36 and a debt-to-equity ratio of 1.38. The firm has a market capitalization of $419.23 million, a price-to-earnings ratio of -3.23 and a beta of 2.05. The company has a fifty day moving average of $3.37 and a 200-day moving average of $3.72. Anywhere Real Estate has a 52-week low of $2.71 and a 52-week high of $5.95.

Analysts Set New Price Targets

A number of research analysts have weighed in on HOUS shares. Keefe, Bruyette & Woods reduced their price target on Anywhere Real Estate from $5.00 to $4.50 and set a "market perform" rating on the stock in a research note on Monday. Barclays reduced their price target on Anywhere Real Estate from $4.00 to $3.00 and set an "underweight" rating on the stock in a research note on Thursday, January 16th.

Anywhere Real Estate Company Profile

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.