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Real Estate Q1: Mixed Results, Flat Stocks | Business and Finance News
Description
Real estate services showed mixed Q1 results: companies beat revenue by 4% but lowered next-quarter guidance by 7%, yet stocks mostly held steady. Zillow surged 18% in revenue, met targets, but its stock fell 27%. Howard Hughes Holdings led peers with 20% revenue beat and 14% stock gain. RE/MAX stumbled with 6% revenue drop and 4.5% stock decline. The Real Brokerage soared 30% in revenue, narrowly missed forecasts, but beat EPS and operating income, with a 5% stock dip.
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