earnings
confidence high
sentiment positive
materiality 0.75
Marcus & Millichap Q2 revenue up 39% to $396M; EPS $1.04 vs $0.78
Marcus & Millichap, Inc.
2022-Q2 EPS reported
$1.85
revenue$715,421,000
- Total revenues $396.0M (+39% YoY); net income $42.2M ($1.04 diluted EPS) vs $31.5M ($0.78).
- Brokerage commissions $354.7M (+40.2%); financing fees $36.8M (+30.5%).
- Adjusted EBITDA $62.9M (+30.8%); six-month revenues $715.4M (+52.6%).
- Declared semi-annual dividend $0.25/share payable Oct 6, 2022 to holders of record Sep 15.
- Investment sales professionals 1,901, net loss of 121 over prior year; outlook cites interest rate and inflation headwinds.