Compass has emerged as a market leader amid industry volatility, gaining market share and growing revenue while the real estate sector declines. The company's Q3 results showed 12% y/y revenue growth to $1.49 billion and 16% y/y increase in closed deals, dramatically outperforming the industry. Amid Compass double-digit revenue and transaction growth, the real estate industry declined -2% y/y.
Compass, Inc. (NYSE:COMP ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Kalani Reelitz - Chief Financial Officer Soham Bhonsle - Head of Investor Relations Robert Reffkin - Founder and Chief Executive Officer Conference Call Participants Matthew Bouley - Barclays Matthew Cost - Morgan Stanley Ryan McKeveny - Zelman & Associates Jason Helfstein - Oppenheimer ...
Adjusted EBITDA Exceeds High-End of Guidance Reiterates Positive Free Cash Flow Guidance for Full Year 2024 Transactions Increased 16.1% and Quarterly Market Share Grew 49 Basis Points YoY to 4.80% NEW YORK , Oct. 30, 2024 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass" or "the Company"), the largest residential real estate brokerage in the United States by sales volume1 for the third yea...
EVERETT, Wash., Oct. 16, 2024 (GLOBE NEWSWIRE) -- As students returned to Options High School for the 2024-25 school year, they found an exciting new addition to their campus: the initial phase of a school-based health clinic, specifically designed to support their mental wellness – the first of its kind for Bellingham Public Schools.
NEW YORK , Oct. 8, 2024 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), the largest residential real estate brokerage in the United States by sales volume 1 , announces its third quarter 2024 financial results will be released after market close on Wednesday, October 30, 2024. The company will host a conference call and webcast to discuss its results that afternoon at 5:00 p.m.
Compass has analysts bullish ahead of the real estate brokerage firm's third quarter results on increasing share gains in the weaker housing market. Oppenheimer analysts upped their price target on Compass to $8 from $6 and awarded it an ‘Outperform' rating.
Redfin (RDFN) stock price has gone parabolic since I wrote about it in August. It soared to a high of $14.5 on Friday, its highest level since August 2023 and 200% above its lowest level this year.
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