Anywhere Real Estate reports Q1adjusted EPS (91c), consensus (67c)

Reports Q1 revenue $1.13B, consensus $1.15B. “Anywhere continued to demonstrate powerful leadership in the face of a challenging housing market and industry landscape, and our results in the quarter reinforce our ability to execute with discipline and focus while propelling our strategy forward,” said Ryan Schneider, Anywhere president and CEO. “I appreciate how our great Anywhere affiliated agents, franchisees, and employees continue to deliver meaningful value to help consumers navigate the market as, together, we empower everyone’s next move.” “Anywhere delivered solid results in the first quarter despite a tough market environment,” said Charlotte Simonelli, Anywhere executive vice president, chief financial officer, and treasurer. “We are excited about our financial octane when the housing market strengthens and continue to stay focused on controlling what we can control, maximizing our cost savings, prudently managing cash, and improving our capital structure to position Anywhere for long-term success.”