Anywhere Real Estate (NYSE:HOUS) Issues Earnings Results

Anywhere Real Estate (NYSE:HOUS) announced its quarterly earnings data on Thursday. The company reported ($0.45) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.36) by ($0.09), Zacks reports. Anywhere Real Estate had a negative net margin of 3.06% and a negative return on equity of 6.46%. The company had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.28 billion.

Anywhere Real Estate Price Performance

Shares of NYSE HOUS traded up $0.24 during midday trading on Friday, reaching $3.89. 718,469 shares of the stock traded hands, compared to its average volume of 1,114,950. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.36 and a quick ratio of 0.36. The stock has a market capitalization of $432.25 million, a PE ratio of -2.51 and a beta of 2.40. Anywhere Real Estate has a one year low of $2.71 and a one year high of $7.44. The company’s 50 day moving average is $3.62 and its 200 day moving average is $4.30.

Analyst Ratings Changes

Separately, Barclays cut their price objective on shares of Anywhere Real Estate from $4.00 to $3.00 and set an “underweight” rating for the company in a report on Thursday, January 16th.

About Anywhere Real Estate

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.