Marcus & Millichap Q3 Earnings Preview: Revenue Expected to Grow 15% YoY to $193.8M

Marcus & Millichap, a real estate brokerage and services firm, is set to report Q3 earnings on Friday. Analysts expect revenue to grow 15% YoY to $193.8 million, beating last year's 4% increase. Adjusted earnings are expected to be $0.01 per share. The company has a history of exceeding Wall Street's expectations, beating revenue estimates every time since going public. Marcus & Millichap has an average analyst price target of $29, compared to the current share price of $30.92.