Marcus & Millichap, Inc. Reports Results for First Quarter 2021

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Go back to Marcus & Millichap, Inc. Reports Results for First Quarter 2021

Marcus & Millichap (MMI) Tops Q1 EPS by 18c

May 7, 2021 7:36 AM EDT

Marcus & Millichap (NYSE: MMI) reported Q1 EPS of $0.37, $0.18 better than the analyst estimate of $0.19. Revenue for the quarter came in at $184 million versus the consensus estimate of $172.61 million.

Business Outlook

Notwithstanding the continuing impact of the COVID-19 pandemic on the current business environment, we believe that the Company is positioned to achieve long-term growth by leveraging a number of factors. These include our leading national brand and market position within the Private Client Market segment, growth opportunities in the Middle Market and Larger Transaction Market segments, significant growth potential... More