Tag Archives: Earnings

5 key charts that illuminate real estate’s Q1 earnings season

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Most publicly traded real estate companies continued to bleed money in the first chunk of 2023. These metrics help explain why investors aren’t panicking. Continue reading →

Realtor.com chief brushes off major Q1 drop in traffic

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David Doctorow attributed Realtor.com’s reduced traffic to a slower market and argued that his company’s sites have superior engagement than competitors. Continue reading →

Realtor.com parent Move saw traffic and revenue fall in Q1

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Between January and March, Realtor.com had an average of 72 million unique monthly users — down 24 percent compared to one year earlier, according to the company’s first-quarter earnings report. Continue reading →

Real estate stocks are suddenly and finally on fire

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Redfin, Opendoor and Compass have all seen their share prices rally in recent days — suggesting that after years of the cold shoulder investors are warming to the sector. Continue reading →

Fathom Realty narrows losses but agent growth slows in Q1

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With 10,628 agents on board as of March 31, Fathom grew by 258 agents in the first three months of the year but posted a $5.7 million Q1 net loss, according to an earnings call Wednesday. Continue reading →

Opendoor CEO Carrie Wheeler on Q1 earnings and the iBuyer’s future

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The chief executive of the largest iBuyer spoke to Inman about Opendoor’s first-quarter earnings on Thursday — and expectations that the company is turning a corner after a rough 2022. Continue reading →

RE/MAX revenue, US agent count, continue to drop in Q1

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Total revenue dropped 6.2 percent year over year and U.S. agent count fell 5.4 percent, according to earnings data released Thursday as the real estate brokerage continues to wrestle with a shifting market. Continue reading →

Vrbo parent Expedia Group posts Q1 revenue gains as losses widen

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Despite reporting its highest-ever first-quarter revenue, Vrbo parent Expedia Group reported losing $145 million in the first three months of the year, according to an earnings call on Thursday afternoon. Continue reading →