The Real Brokerage Inc (REAX, Financial) is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is $346.79 million, and the earnings are expected to come in at -$0.03 per share. The full year 2024's revenue is expected to be $1.17 billion and the earnings are expected to be -$0.17 per share. More detailed estimate data can be found on the Forecast page.
The Real Brokerage Inc (REAX, Financial) Estimates Trends
Over the past 90 days, revenue estimates for The Real Brokerage Inc (REAX) for the full year 2024 have increased from $1.02 billion to $1.17 billion, and for 2025, from $1.30 billion to $1.49 billion. Meanwhile, earnings estimates have shown a decline for the full year 2024 from -$0.15 per share to -$0.17 per share, but have increased for 2025 from -$0.05 per share to -$0.03 per share.
The Real Brokerage Inc (REAX, Financial) Reported History
In the previous quarter of 2024-06-30, The Real Brokerage Inc's (REAX) actual revenue was $340.78 million, which beat analysts' revenue expectations of $264.46 million by 28.86%. The Real Brokerage Inc's (REAX) actual earnings were -$0.01 per share, which beat analysts' earnings expectations of -$0.02 per share by 50%. After releasing the results, The Real Brokerage Inc (REAX) was down by -0.18% in one day.
The Real Brokerage Inc (REAX, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 2 analysts, the average target price for The Real Brokerage Inc (REAX) is $7 with a high estimate of $7.5 and a low estimate of $6.5. The average target implies an upside of 27.74% from the current price of $5.48.
Based on GuruFocus estimates, the estimated GF Value for The Real Brokerage Inc (REAX, Financial) in one year is $7.3, suggesting an upside of 33.21% from the current price of $5.48.
Based on the consensus recommendation from 3 brokerage firms, The Real Brokerage Inc's (REAX, Financial) average brokerage recommendation is currently 1.7, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
