FINWIRES · TerminalLIVE
FINWIRES

Marcus & Millichap Shares Rise After Q2 Swings to Net Income, Higher Revenue

By

Marcus & Millichap (MMI) rose more than 2% in recent trading Thursday after the company reported Q2 results, swinging to profit and higher revenue.

The company reported Q2 preliminary net income of $0.10 per diluted share, swinging from a loss of $0.28 a year ago. Two analysts polled by FactSet expected EPS of $0.03.

Revenue for the quarter ended June 30 was $202.9 million, up from $172.3 million a year ago. Two analysts expected $194.3 million.

Price: $31.88, Change: $+0.65, Percent Change: +2.06%

Related Articles

Wire

Cirrus Logic Fiscal Q1 Adjusted Earnings, Revenue Rise

Cirrus Logic (CRUS) reported fiscal Q1 adjusted earnings late Wednesday of $1.84 per diluted share, up from $1.51 a year earlier.Analysts polled by FactSet expected $1.81.Revenue in the three months ended June 27 rose to $459.7 million from $407.3 million a year ago.Four analysts expected $460.3 million.The company expects fiscal Q2 revenue of $510 million to $570 million. Analysts project $570.1 million.Cirrus Logic shares fell 3.4% in after-hours trading.

$CRUS
Wire

Tenaris Q2 Earnings, Revenue Fall

Tenaris (TS) reported Q2 earnings late Wednesday of $0.95 per American depository share, down from $0.99 a year earlier.Four analysts polled by FactSet expected $0.83.Revenue in the three months ended June 30 fell to $2.97 billion from $3.09 billion a year earlier.Analysts expected $2.93 billion.Tenaris shares fell 5.5% in after-hours trading.

$TS
Wire

Block Q2 Adjusted Earnings, Revenue Rise

Block (XYZ) reported Q2 adjusted earnings late Wednesday of $1.02 per diluted share, up from $0.62 a year earlier.Analysts polled by FactSet expected $0.87.Revenue in the three months ended June 30 rose to $6.62 billion from $6.05 billion a year earlier.Analysts projected $6.47 billion.Block expects Q3 adjusted diluted EPS of $1.02. Analysts project $1.01.The company increased full-year adjusted EPS guidance to $4.02 from the prior outlook of $3.85. Analysts project $3.90.Block shares fell 1.7% in after-hours trading.

$XYZ