Real Brokerage (REAX) Scheduled to Post Quarterly Earnings on Thursday

Real Brokerage (NASDAQ:REAX) will post its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect Real Brokerage to post earnings of ($0.04) per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Real Brokerage (NASDAQ:REAX) last posted its earnings results on Wednesday, August 7th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.01. Real Brokerage had a negative net margin of 3.55% and a negative return on equity of 81.21%. The firm had revenue of $340.78 million during the quarter, compared to analyst estimates of $264.06 million. During the same quarter in the prior year, the business posted ($0.02) EPS. On average, analysts expect Real Brokerage to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Real Brokerage Price Performance

REAX opened at $5.30 on Tuesday. Real Brokerage has a fifty-two week low of $1.28 and a fifty-two week high of $6.75. The firm has a market capitalization of $1.05 billion, a P/E ratio of -27.89 and a beta of 1.02. The company’s 50-day moving average is $5.57 and its 200 day moving average is $5.13.

About Real Brokerage

The Real Brokerage Inc, together with its subsidiaries, operates as a real estate technology company in the United States and Canada. It operates in three segments: North American Brokerage, Real Title, and One Real Mortgage. It offers brokerage, title, and mortgage broker services. The company is based in Miami, Florida.