BERLIN (dpa-AFX) - Marcus & Millichap Inc. (MMI) revealed Loss for third quarter that decreased from last year and beat the Street estimates.
The company's earnings came in at -$5.39 million, or -$0.14 per share. This compares with -$9.24 million, or -$0.24 per share, in last year's third quarter.
Analysts on average had expected the company to earn -$0.19 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 4.0% to $168.51 million from $162.03 million last year.
Marcus & Millichap Inc. earnings at a glance (GAAP) :
-Earnings (Q3): -$5.39 Mln. vs. -$9.24 Mln. last year. -EPS (Q3): -$0.14 vs. -$0.24 last year. -Revenue (Q3): $168.51 Mln vs. $162.03 Mln last year.
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