Compass Q1 2023 Earnings Report

Compass EPS Results

• Actual EPS: -$0.33
• Consensus EPS: -$0.31
• Beat/Miss: Missed by -$0.02
• One Year Ago EPS: -$0.45

Compass Revenue Results

• Actual Revenue: $957.20 million
• Expected Revenue: $907.41 million
• Beat/Miss: Beat by +$49.79 million
• YoY Revenue Growth: -31.50%

Compass Announcement Details

• Quarter: Q1 2023
• Date: 5/9/2023
• Time: After Market Closes

Compass (NYSE:COMP) provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports. It also provides full-service title and escrow/settlement services to real estate agents' clients, real estate companies, and financial institutions relating to the closing of home purchases as well as the refinancing of home loans; and Compass Concierge, a program in which home sellers access to capital to front the cost of home improvement services. The company was formerly known as Urban Compass, Inc. and changed its name to Compass, Inc. in January 2021.Compass, Inc. was incorporated in 2012 and is headquartered in New York, New York.