Real Brokerage Inc reports results for the quarter ended December 31 - Earnings Summary

• Real Brokerage Inc REAX.OQ reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of four analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -5 cents to -4 cents per share.

• Revenue rose 93.4% to $350.63 million from a year ago; analysts expected $300.11 million.

• Real Brokerage Inc's reported EPS for the quarter was a loss of 3 cents​.

• The company reported a quarterly loss of $6.64 million.

• Real Brokerage Inc shares had risen by 7.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.6% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the real estate services peer group is "buy."

Wall Street's median 12-month price target for Real Brokerage Inc is $6.00

This summary was machine generated from LSEG data March 6 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)