Marcus & Millichap (MMI) Reports In-Line Q3 EPS, Revenues Miss

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Go back to Marcus & Millichap (MMI) Reports In-Line Q3 EPS, Revenues Miss

Marcus & Millichap, Inc. Reports Results for Third Quarter 2019

November 7, 2019 4:06 PM EST

CALABASAS, 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 third quarter ended September 30, 2019.

Third Quarter 2019 Highlights Compared to Third Quarter 2018

Total revenues decreased by 5.9% to $198.2 million Net income decreased by 7.5% to $19.3 million, or $0.49 per common share, diluted Revenue from financing fees increased by 0.4% to $16.0 million supported by... More