Anywhere Real Estate shares rise 10.21% intraday on merger with Compass and Q3 revenue growth to $1.6B.

Anywhere Real Estate Inc. surged 10.21% intraday following its Q3 2025 earnings report, which highlighted a proposed merger with Compass, $28 million in cost savings, and $1.6 billion in revenue growth. The merger, expected to close in late 2026, was framed as a strategic move to create a "premier real estate platform." CEO Ryan Schneider emphasized growth momentum and $100 million in 2025 cost savings, while CFO Charlotte Simonelli noted improved operational efficiency and $92 million in free cash flow. Despite a $13 million net loss and a -0.12 EPS miss, the stock rose on optimism around the merger and cost-cutting progress. The earnings call transcript further underscored AI integration and transaction volume growth, aligning with the intraday rally.