NYSE$HOUS

Anywhere Real Estate Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Reported substantial Operating EBITDA and positive Free Cash Flow due to cost management and proactive balance sheet strengthening.

Realogy Holdings Corp. reported a revenue of $1.2 billion, a 27% decrease year-over-year. The company generated Operating EBITDA of $172 million and a net income of $28 million from continuing operations.

  • Generated Revenue of $1.2 billion, a decrease of 27% year-over-year.
  • Reported Net Income of $28 million from continuing operations.
  • Generated Operating EBITDA of $172 million, a decrease of $63 million year-over-year.
  • Generated Free Cash Flow of $106 million.

Headline financials

Total Revenue

$1.21B

Previous: $1.74B-30.4%
EPS (adj)

$0.46

Previous: $0.83-44.6%
Closed Homesale Sides (Franchise)

238.1K

Previous: 301.4K-21.0%
Average Homesale Price (Franchise)

$321K

Previous: $319K+0.8%
Purchase Title/Closing Units

32.0K

Previous: 42.2K-24.1%
Refinance Title/Closing Units

17.5K

Previous: 5.3K+233.0%
Capital Expenditures

-$41M

Previous: -$54M+24.1%
Free Cash Flow

-$8M

Previous: $2M-500.0%
Net Income

-$14M

Previous: $69M-120.3%
Operating Income

$70M

Previous: $178M-60.7%
Gross Profit

$1.21B

Previous: $1.74B-30.4%
Cash & Equivalents

$686M

Previous: $270M+154.1%
Total Assets

$7.43B

Previous: $7.95B-6.6%
Stock-Based Comp

$4M

Previous: $8M-50.0%

Revenue & EPS history

Anywhere Real Estate · Revenue · Quarterly

$1.21B

Q2 2020-30.4%vs Q2 2019
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Anywhere Real Estate · $1.27B total across 3 segments · Q2 2020

  • Owned Brokerage Group
    $933M
  • Franchise Group
    $179M
  • Title Group
    $160M

Forward guidance

The company expects to continue 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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