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MADISON, N.J. - On Tuesday, Anywhere Real Estate Inc. (NYSE:HOUS) reported second quarter earnings that missed analyst expectations despite showing signs of improving housing market trends.
The company’s stock rose 2.99% in pre-market trading following the announcement.
The real estate services provider reported adjusted earnings of $0.24 per share for the second quarter, falling short of analyst estimates of $0.31 per share. Revenue came in at $1.68 billion, in line with consensus expectations and up 1% from the same period last year. The company’s combined closed transaction volume for the quarter was flat year-over-year, with units down about 4% while average price increased 4%.
"Momentum from improving volume trends in June 2025 carried into July, with open volume up 9% year-over-year through July 21," said Ryan Schneider, Anywhere Real Estate Inc. President and CEO. "Anywhere is driving a bold transformation of the real estate industry, empowering agents and franchisees through advanced AI, digital innovation, and the strategic scale of integrated businesses."
The company reported net income of $27 million, an improvement of $3 million YoY, while Operating EBITDA totaled $133 million, down 7% from the previous year. The luxury segment showed particular strength, with the company’s Coldwell Banker Global Luxury, Corcoran, and Sotheby’s International Realty brands outperforming the broader market with closed transaction volume increasing 3.5% YoY.
Anywhere Real Estate maintained its full-year 2025 guidance, expecting Operating EBITDA of approximately $350 million and Free Cash Flow excluding one-time items of about $70 million. The company also reported it’s on track to deliver cost savings of $100 million for the full year 2025, having realized $25 million in savings during the second quarter.
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