Earnings Update: Here's Why Analysts Just Lifted Their The Real Brokerage Inc. (NASDAQ:REAX) Price Target To US$6.13 [Yahoo! Finance]
The Real Brokerage, Inc. - Common Shares (REAX)
Company Research
Source: Yahoo! Finance
Real Brokerage beat revenue forecasts by a solid 18%, hitting US$201m. Statutory losses also blew out, with the loss per share reaching US$0.09, some 108% bigger than the analysts expected. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. See our latest analysis for Real Brokerage Taking into account the latest results, the current consensus from Real Brokerage's three analysts is for revenues of US$1.02b in 2024. This would reflect a major 30% increase on its revenue over the past 12 months. Losses are predicted to fall substantially, shrinking 21% to US$0.15. Yet prior to the latest earnings, the analysts had been forecasting revenues of US$905.9m and losses of US$0.12 per share in 2024. So there's be
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News
- The Real Brokerage Renews Normal Course Issuer Bid, Authorizing Share RepurchasesBusiness Wire
- The Real Brokerage Inc. (NASDAQ:REAX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Spending on home renovations slows, but high remodeling costs mean little relief in sight for buyers [Yahoo! Finance Canada]Yahoo! Finance Canada
- Spending on home renovations slows, but high remodeling costs mean little relief in sight for buyers [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Fort Worth's Largest Independent Brokerage Joins Real as Part of Private Label Program [Yahoo! Finance]Yahoo! Finance
REAX
Earnings
- 5/7/24 - Miss
REAX
Sec Filings
- 5/17/24 - Form 144
- 5/16/24 - Form 144
- 5/16/24 - Form 144
- REAX's page on the SEC website