Get a pulse on the US markets on Thursday by checking out the most active stocks in today's session. Discover the stocks that are leading the way in terms of trading volume and market activity.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Newmark (NASDAQ:NMRK) and the rest of the real estate services stocks fared in Q4.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Cushman & Wakefield (NYSE:CWK) and its peers.
The Russell 2000 is home to many small-cap stocks, offering investors the chance to uncover hidden gems before the broader market catches on.
However, these companies often come with higher volatility and risk, as their smaller size makes them more vulnerable to economic downturns.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how The Real Brokerage (NASDAQ:REAX) and the rest of the real estate services stocks fared in Q4.
What a brutal six months it’s been for Opendoor. The stock has dropped 43.1% and now trades at $1.23, rattling many shareholders. This might have investors contemplating their next move.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the real estate services industry, including Opendoor (NASDAQ:OPEN) and its peers.
Shares of technology real estate company Opendoor (NASDAQ:OPEN)
fell 9.7% in the afternoon session after the company reported underwhelming fourth-quarter results: its quarterly guidance for sales and EBITDA fell short of Wall Street's estimates. On the other hand, Opendoor blew past analysts' revenue and EBITDA expectations this quarter. Still, this quarter could have been better.
Technology real estate company Opendoor (NASDAQ:OPEN) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 24.6% year on year to $1.08 billion. On the other hand, next quarter’s revenue guidance of $1.04 billion was less impressive, coming in 18.4% below analysts’ estimates. Its GAAP loss of $0.16 per share was in line with analysts’ consensus estimates.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the real estate services industry, including Newmark (NASDAQ:NMRK) and its peers.
