NYSE$HOUS

Anywhere Real Estate Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported financial results, demonstrating top-line and bottom-line growth with strategic progress and strong housing market conditions.

Realogy Holdings Corp. reported strong Q3 2020 financial results, with a 20% increase in revenue to $1.9 billion, net income of $145 million from continuing operations, and Operating EBITDA of $309 million, driven by higher transaction volume and strong performance in mortgage and title operations. The company also reduced net debt by $276 million.

  • Generated revenue of $1.9 billion, a 20% increase year-over-year.
  • Reported Net income of $145 million from continuing operations.
  • Generated Operating EBITDA of $309 million, a $103 million increase year-over-year.
  • Reduced net debt by $276 million compared to the third quarter of 2019.

Headline financials

Total Revenue

$1.86B

Previous: $1.63B+14.0%
EPS (adj)

$1.38

Previous: $0.65+112.3%
Closed Homesale Sides (Franchise)

336.7K

Previous: 299.9K+12.3%
Average Homesale Price (Franchise)

$367K

Previous: $315K+16.5%
Purchase Title/Closing Units

45.8K

Previous: 41.6K+10.0%
Refinance Title/Closing Units

18.4K

Previous: 8.0K+129.4%
Capital Expenditures

-$60M

Previous: -$78M+23.1%
Free Cash Flow

$358M

Previous: $152M+135.5%
Net Income

$98M

Previous: -$70M+240.0%
Operating Income

$195M

Previous: -$27M+822.2%
Gross Profit

$1.86B

Previous: $1.63B+14.0%
Cash & Equivalents

$379M

Previous: $266M+42.5%
Total Assets

$7.05B

Previous: $7.72B-8.7%
Stock-Based Comp

$8M

Previous: $10M-20.0%

Revenue & EPS history

Anywhere Real Estate · Revenue · Quarterly

$1.86B

Q3 2020+14%vs Q3 2019
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Anywhere Real Estate · $1.86B total across 4 segments · Q3 2020

  • Owned Brokerage Group
    $1.48B
  • Franchise Group
    $262M
  • Title Group
    $213M
  • Corporate and Other
    -$97M

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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