Anywhere Real Estate Inc. (HOUS) Misses Q4 EPS by 62c; Offers outlook

Anywhere Real Estate Inc. (NYSE: HOUS) reported Q4 EPS of ($0.97), $0.62 worse than the analyst estimate of ($0.35). Revenue for the quarter came in at $1.25 billion versus the consensus estimate of $1.28 billion.

OUTLOOK

2024 Financial Estimates

Looking ahead to 2024, the Company expects more normal seasonal volumes throughout the year. With the first quarter still at historically low unit volume, we expect the first quarter EBITDA to be negative.

The Company expects to realize further cost savings of approximately $100 million in 2024.

These estimates are subject to, among other things, macroeconomic and housing market uncertainties, including those related to rising inflation, declining affordability and constrained inventory as well as competitive, litigation and regulatory uncertainties.

For earnings history and earnings-related data on Anywhere Real Estate Inc. (HOUS) click here.

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