EPS · actual vs est
Revenue · actual vs est
Summary
Generated 2026-05-05
Management highlights
Robert Refkin provided an update on cost synergy targets, increasing them to $300M in cost synergies actioned by end of year one and $500M net over three years. Early wins include brokerage brands' successes like Sotheby's selling most expensive home, Corcoran Sunshine's strong contract volume, Christie's eight new franchise agreements, Coldwell Banker's high retention rate. Title and escrow business is consolidating onto a single tech platform. Mortgage business: GRA had highest attached quarter, OriginPoint had highest attach rate and best profitability. Digital mortgage partnership with Rocket Mortgage has pre-qualification embedded in compass.com. Data and analytics team is simplifying data state by deprecating legacy reports towards standardization.
Guidance
Increased cost synergy targets; 2026 in-year realized cost synergies increased from ~$100M to $200M; guidance for second quarter of 2026 and full year 2026 based on current expectations, forecasts, and assumptions
Risks
Forward-looking statements involve risks and uncertainties; actual results may differ materially; more information about risks in most recent annual report on Form 10-K
Key numbers
Reported versus consensus
Earnings calendar feed
| Metric | Reported | Consensus | Delta | Prior year |
|---|---|---|---|---|
| EPS | $0.03 | $-0.17 | +117.6% | $-0.05 |
| Revenue | $2.70B | $2.67B | +1.4% | $1.36B |
Transcript
May 5, 2026Full transcript unavailable for redistribution
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Prior quarters
This page presents the stored structured earnings-call summary and deterministic earnings calendar values. How this is generated. For informational purposes only; not investment advice.