Earnings Call Summary | Anywhere Real Estate(HOUS.US) Q1 2024 Earnings Conference
Earnings Call Summary | Anywhere Real Estate(HOUS.US) Q1 2024 Earnings Conference
The following is a summary of the Anywhere Real Estate, Inc. (HOUS) Q1 2024 Earnings Call Transcript:
以下是Anywhere Real Estate, Inc.（HOUS）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Anywhere Real Estate, Inc. delivered $1.1 billion in revenue but had negative operating EBITDA of $17 million for Q1 2024.
The company realized $30 million in cost savings and was able to maintain a modestly positive operating free cash flow, excluding one-time items, due to working capital and cost savings initiatives.
The company has been working on reducing costs, managing a total reduction of approximately $600 million in the past five years.
A projection of an EBITDA of $500 million to $600 million and expected free cash flow of $200 million to $300 million was announced for 2024.
Anywhere Real Estate, Inc.實現了11億美元的收入，但2024年第一季度的營業息稅折舊攤銷前利潤爲負1700萬美元。
由於營運資金和成本節約舉措，該公司節省了3000萬美元的成本，並得以保持適度的正運營自由現金流，不包括一次性項目。
該公司一直在努力降低成本，在過去五年中共減少了約6億美元。
公佈的預計2024年的息稅折舊攤銷前利潤爲5億至6億美元，預計自由現金流爲2億至3億美元。
Business Progress:
業務進展：
Anywhere Real Estate, Inc. is investing in its services, improving technology, diversifying portfolios, and digitizing operations, despite a challenging housing market.
It reported a 4% year-over-year growth in listings and continues to grow its franchise network.
The company is focusing on strategic partnerships, including a minority stake in TRG's acquisition of Doma, which could expand TRG's market share.
A modest performance is expected from the Cartus business due to dependency on client budgets and economic conditions.
The company is committed to supporting franchisees and has seen a record number of franchise sales, which it attributes to industry turbulence.
儘管房地產市場充滿挑戰，但Anywhere Real Estate, Inc.仍在投資其服務、改進技術、多元化投資組合和數字化運營。
該公司報告稱，上市量同比增長4％，並繼續擴大其特許經營網絡。
該公司專注於戰略合作伙伴關係，包括TRG收購Doma的少數股權，這可能會擴大TRG的市場份額。
由於依賴客戶預算和經濟狀況，預計Cartus業務將表現不佳。
該公司致力於爲加盟商提供支持，其特許經營銷售額創歷史新高，這歸因於行業動盪。
More details: Anywhere Real Estate IR
更多詳情： Anywhere 房地產投資者
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。