NYSE$HOUS

Anywhere Real Estate Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported strong results with transaction volume growth and increased Operating EBITDA.

Realogy Holdings Corp. reported a 6% increase in revenue to $1.1 billion for Q1 2020. The company experienced a net loss of $462 million, primarily due to a $447 million impairment charge related to COVID-19. However, Operating EBITDA increased by $35 million year-over-year to $37 million, driven by cost savings and margin expansion.

  • Generated revenue of $1.1 billion, a 6% increase year-over-year.
  • Reported a net loss of $462 million, primarily due to a $447 million impairment charge related to broad based declines in the overall market due to COVID-19.
  • Generated Operating EBITDA of $37 million, an increase of $35 million year over year.
  • Delivered 8% transaction volume growth across both owned and franchise businesses.

Headline financials

Total Revenue

$1.12B

Previous: $1.11B+0.2%
EPS (adj)

-$0.55

Previous: -$0.67+17.9%
Purchase Title/Closing Units

28.7K

Previous: 28.0K+2.4%
Refinance Title/Closing Units

8.9K

Previous: 4.0K+121.9%
Average Fee Per Closing Unit

$2.27K

Previous: $2.27K+0.1%
Capital Expenditures

-$24M

Previous: -$24M+0.0%
Free Cash Flow

-$106M

Previous: -$127M+16.5%
Net Income

-$462M

Previous: -$99M-366.7%
Operating Income

-$475M

Previous: -$68M-598.5%
Gross Profit

$1.12B

Previous: $1.11B+0.2%
Cash & Equivalents

$628M

Previous: $243M+158.4%
Total Assets

$7.46B

Previous: $7.81B-4.5%
Stock-Based Comp

$6M

Previous: $7M-14.3%

Revenue & EPS history

Anywhere Real Estate · Revenue · Quarterly

$1.12B

Q1 2020+0.2%vs Q1 2019
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Anywhere Real Estate · $1.17B total across 3 segments · Q1 2020

  • Owned Brokerage Group
    $869M
  • Franchise Group
    $168M
  • Title Group
    $137M

Forward guidance

Company expects to prioritize investing in its business and reducing leverage over other potential uses of cash.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 16 quarterly earnings reports

Historical avg

-1.0%

Avg return

Earnings day

-1.5%

Avg return

5 days after

-0.0%

Avg return

30 days after

52%

29 / 56 earnings

Positive

+22.8%

Q1 2020

Best reaction

-29.6%

Q1 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025-2.8%+8.7%+21.3%
Q2 2025+10.7%-4.5%+32.4%
Q1 2025+3.2%+22.3%+12.6%
Q4 2024-0.5%+3.8%-9.8%
Q3 2024+4.5%-4.3%+20.5%
Q2 2024-8.3%-4.9%+3.6%
Q1 2024-4.3%-10.2%-17.0%
Q4 2023-7.3%-15.4%-31.9%
Q3 2023+5.6%+13.4%+20.0%
Q2 2023+18.0%+7.7%-14.9%
Q1 2023-19.3%-10.4%+10.7%
Q4 2022-15.5%-20.6%-33.1%
Q3 2022+3.3%-4.3%-11.0%
Q2 2022-4.8%+0.7%+3.5%
Q1 2022-12.3%-8.1%-1.2%
Q4 2021+5.4%+1.3%-5.9%
Q3 2021-12.3%
Q2 2021-5.4%
Q1 2021+13.3%
Q4 2020-12.9%
Q3 2020+12.8%
Q2 2020+2.5%
Q1 2020+22.8%
Q4 2019-10.2%
Q3 2019+5.4%
Q2 2019+17.5%
Q1 2019-29.6%
Q4 2018-22.2%
Q3 2018-9.2%
Q2 2018+4.7%
Q1 2018-0.1%
Q4 2017+3.4%
Q3 2017-11.1%
Q2 2017+4.6%
Q1 2017+2.3%
Q4 2016+3.6%
Q3 2016+6.3%
Q2 2016-11.5%
Q1 2016-8.0%
Q4 2015+2.8%
Q3 2015+6.3%
Q2 2015-10.2%
Q1 2015-5.1%
Q4 2014-2.9%
Q3 2014+5.3%
Q2 2014+5.1%
Q1 2014-11.9%
Q4 2013+2.0%
Q3 2013+7.9%
Q2 2013-4.5%
Q1 2013+2.1%
Q1 2012+2.1%
Q2 2012-3.2%
Q4 2012-4.9%
Q3 2012+6.2%
Q3 2011+6.2%
Q2 2011
Q4 2011
Q4 2010
Q4 2009
Q3 2010
Q2 2010
Q1 2011
Q1 2010

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