Anywhere Real Estate reports Q4 EPS (97c), consensus (32c)

Reports Q4 revenue $1.25B, consensus $1.28B. “Anywhere demonstrated our leadership strength in 2023, driving meaningful results in a tough real estate market,” said Ryan Schneider, Anywhere president and CEO. “In a potentially improving housing market, we are excited to build on our competitive advantages, accelerate our strategic agenda, and deliver even greater value to Anywhere affiliated agents, franchisees, and shareholders in the year ahead.” “In 2023, Anywhere achieved differentiated results, generating significant Operating EBITDA and free cash flow, reducing debt and over-delivering on our savings target, mitigating litigation risk, and prudently managing our cash,” said Charlotte Simonelli, Anywhere executive vice president, chief financial officer, and treasurer. “We continue to execute on our controllables as we drive efficiencies and prioritize investing for growth to set Anywhere up for an even stronger future.”