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Dec 31, 2021
Anywhere Real Estate Q4 2021 Earnings Report
Realogy achieved record financial performance driven by revenue growth and strategic execution.
Key Takeaways
Realogy Holdings Corp. reported Q4 2021 financial results, with revenue increasing by 4% year-over-year to $2 billion and net income rising to $47 million. The company's full-year revenue reached $8 billion, marking a 28% increase compared to the previous year.
Realogy's revenue increased by 4% in Q4 2021, reaching $2 billion.
Net income for Q4 2021 was $47 million, an increase of $29 million compared to the prior year.
The company's combined closed transaction volume increased by 3% year-over-year.
Realogy generated $95 million in free cash flow during the quarter.
Revenue by Segment
Forward Guidance
Realogy expects Operating EBITDA for full year 2022 in the range of $800 to $850 million based on year-over-year mid-single digit homesale transaction volume growth, closing of the pending sale of the Company’s title insurance underwriter, continued investment in strategic initiatives, absorption of increased agent commission costs, and achievement of targeted realized cost savings in 2022.
Positive Outlook
- Year-over-year mid-single digit homesale transaction volume growth
- Closing of the pending sale of the Company’s title insurance underwriter
- Continued investment in strategic initiatives
- Absorption of increased agent commission costs
- Achievement of targeted realized cost savings in 2022
Challenges Ahead
- Macroeconomic uncertainties
- Changes in housing market conditions
- Return to historical seasonality patterns in 2022
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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