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Dec 31, 2024
Anywhere Real Estate Q4 2024 Earnings Report
Showed industry-leading Operating EBITDA and seized opportunities to invest in strategy and accelerate growth.
Key Takeaways
Anywhere Real Estate Inc. reported Q4 2024 financial results, with revenue of $1.4 billion, a net loss of $64 million, and Operating EBITDA of $52 million. The company saw growth in combined closed transaction volume and strength in the luxury market.
Generated Revenue of $1.4 billion, an increase of $112 million year-over-year.
Reported Net Loss of $64 million, an improvement of $43 million.
Operating EBITDA of $52 million, up $24 million year-over-year.
Combined closed transaction volume increased 13% year-over-year with units up about 3% and price up 9%.
Forward Guidance
The Company expects Operating EBITDA for full year 2025 to be about $350 million and expects to realize further cost savings of approximately $100 million in 2025.
Positive Outlook
- Further cost savings of approximately $100 million in 2025.
- Operating EBITDA for full year 2025 to be about $350 million.
- Expects normal seasonal volumes throughout the year.
- Free Cash Flow excluding one-time items to be similar to 2024.
- Continue to deliver meaningful results while positioning the business for even greater growth and financial octane as the market improves
Challenges Ahead
- Inflationary pressures and investments may offset cost savings.
- Performance of the housing market is the largest variable.
- Free cash flow, like Operating EBITDA, is driven by the overall housing market
- Free cash flow may be impacted by additional investments we make to drive growth and advance our technology strategy.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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