Q2 Earnings Highlights: Offerpad (NYSE:OPAD) Vs The Rest Of The Real Estate Services Stocks [Yahoo! Finance]
The Real Brokerage, Inc. - Common Shares (REAX)
Company Research
Source: Yahoo! Finance
Technology has been a double-edged sword in real estate services. On the one hand, internet listings are effective at disseminating information far and wide, casting a wide net for buyers and sellers to increase the chances of transactions. On the other hand, digitization in the real estate market could potentially disintermediate key players like agents who use information asymmetries to their advantage. The 14 real estate services stocks we track reported a mixed Q2. As a group, revenues beat analysts' consensus estimates by 1.9% while next quarter's revenue guidance was 13.1% below. The Fed cut its policy rate by 50bps (half a percent) in September 2024, the first in roughly four years. This marks the end of its most pointed inflation-busting campaign since the 1980s. While CPI (inflation) readings have been supportive lately, employment measures have bordered on worrisome. The markets will be assessing whether this rate cut's timing (and more potential ones in 2024 and 2025)
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High impacting The Real Brokerage, Inc. - Common Shares news events
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REAX
News
- Real Ranked No. 38 Fastest-Growing Company in North America on the 2024 Deloitte Technology Fast 500™Business Wire
- Real October Agent Survey Highlights Growing Optimism Despite Rising Mortgage Rates [Yahoo! Finance]Yahoo! Finance
- Real October Agent Survey Highlights Growing Optimism Despite Rising Mortgage RatesBusiness Wire
- Q3 Earnings Outperformers: Zillow (NASDAQ:ZG) And The Rest Of The Real Estate Services Stocks [Yahoo! Finance]Yahoo! Finance
- Real to Present at Upcoming Investor ConferencesBusiness Wire
REAX
Earnings
- 11/7/24 - Beat
REAX
Sec Filings
- 11/19/24 - Form 144
- 11/18/24 - Form 144
- 11/13/24 - Form 144
- REAX's page on the SEC website