Marcus & Millichap (MMI) Misses Q1 EPS by 2c, Revenues Miss
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Marcus & Millichap, Inc. Reports Results for First Quarter 2019
May 7, 2019 4:05 PM EDTCALABASAS, Calif.--(BUSINESS WIRE)-- Marcus & Millichap, Inc. (the Company, Marcus & Millichap, MMI) (NYSE: MMI), a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services, today reported financial results for the first quarter ended March 31, 2019.
First Quarter 2019 Highlights
Total revenues decreased by 7.9% to $160.7 million Private Client Market segment brokerage revenue decreased by 9.4% Middle Market and Larger Transaction Market segments combined brokerage revenue decreased by 12.2%, compared to growth of 44.3% in the same period last year Financing fees... More