Compass(COMP)

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Compass to Announce Second Quarter 2024 Earnings on Wednesday, July 31
Prnewswire· 2024-07-01 20:05
1 T. Velt, "eXp, Compass top 2024 RealTrends Verified brokerage rankings for the third year," Online, HW Media, 3/22/24, https://www.housingwire.com/articles/exp-compass-top-2024-realtrends-verified-brokeragerankings-again/ Compass is the largest residential real estate brokerage in the United States by sales volume. Founded in 2012 and based in New York City, Compass provides an end-to-end platform that empowers its residential real estate agents to deliver exceptional service to seller and buyer clients. ...
Compass Strengthens Footprint in Southeastern U.S., Welcoming the Top Brokerage in Tennessee
Prnewswire· 2024-05-13 17:05
NEW YORK, May 13, 2024 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass"), the largest residential real estate brokerage in the United States by sales volume1, announces the addition of Parks Real Estate, Tennessee's number one residential real estate firm by sales volume with over 1,500 agents. The combination of Compass and Parks agents now represents one of four homes sold in Tennessee. With this addition, Compass strengthens its position in Nashville and enhances its presence in the Southeastern U.S ...
Compass(COMP) - 2024 Q1 - Quarterly Report
2024-05-09 11:03
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ___________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ (212) 913-9058 (Registrant's telephone number, including area code) Securities registered pursuan ...
Compass(COMP) - 2024 Q1 - Earnings Call Transcript
2024-05-09 03:23
Compass, Inc. (NYSE:COMP) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Richard Simonelli - Senior Vice President, Investor Relations Robert Reffkin - Founder and Chief Executive Officer Greg Hart - Chief Operating Officer Kalani Reelitz - Chief Financial Officer Conference Call Participants Jason Helfstein - Oppenheimer Soham Bhonsle - BTIG Anika Dholakia - Barclays Ryan McKeveny - Zelman Soham Bhonsle - BTIG Operator Thank you for standing by. My name is Kathleen and I will ...
Compass, Inc. (COMP) Reports Q1 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-05-08 22:46
Compass, Inc. (COMP) came out with a quarterly loss of $0.27 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -35%. A quarter ago, it was expected that this company would post a loss of $0.17 per share when it actually produced a loss of $0.17, delivering no surprise.Over the last four quarters, the company has not been able to surp ...
Compass(COMP) - 2024 Q1 - Quarterly Results
2024-05-08 20:09
"We exceeded our expectations for Q1 2024 by growing our Q1 revenue 10% year-over-year and significantly reducing our nonGAAP operating expenses, or OPEX , generating positive free cash flow," said Robert Reffkin, Founder and Chief Executive Officer of Compass. "This is the first time we have generated positive free cash flow in the first quarter, the industry's slowest quarter of the year, and in a historically challenging market. In Q1 2024, we grew our quarterly market share by 26 basis points year-over- ...
Compass to Announce First Quarter 2024 Earnings on Wednesday, May 8
Prnewswire· 2024-04-18 20:15
NEW YORK, April 18, 2024 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), the largest residential real estate brokerage in the United States by sales volume1, announces its first quarter 2024 financial results will be released after market close on Wednesday, May 8, 2024. The company will host a conference call and webcast to discuss its results that afternoon at 5:00 p.m. ET / 2:00 p.m. PT. Call details are as follows: The conference call will be accessible online via the Compass Investor Relations website, ht ...
Real Estate Stocks Just Got Decimated: What I'm Buying For The Rebound
Seeking Alpha· 2024-03-18 18:13
Feverpitched/iStock via Getty Images The National Association of Realtors or "NAR" just announced a $418 million settlement in a deal that is supposed to "spare" home sellers from automatic commission to the buyer's agent. This news seemed to get lots of publicity but in reality, I believe it is much ado about nothing. First of all, home sellers don't have to sell their homes at all, and they certainly don't have to pay anyone to sell them. They can do a for sale by owner or "FSBO". As most people know, thi ...
Prudence Closes Its $80mm Fund III To Invest In Technology Companies Transforming The Built World
Businesswire· 2024-03-07 14:00
NEW YORK--(BUSINESS WIRE)--Prudence, an early-stage venture firm investing in technology companies leading the global transformation of the built world, announced the closing of its third fund with $80 million of capital commitments. Founded in 2009, Prudence has been investing in early-stage technology companies for the last 15 years. The firm invests across multiple verticals, including construction, real estate, infrastructure, and climate/energy adaptation. “We are grateful to our limited partners fo ...
Compass(COMP) - 2023 Q4 - Earnings Call Transcript
2024-02-28 03:44
Compass, Inc. (NYSE:COMP) Q4 2023 Earnings Conference Call February 27, 2024 5:00 PM ET Company Participants Richard Simonelli - Vice President of Investor Relations Robert Reffkin - Founder and Chief Executive Officer Greg Hart - Chief Operating Officer Kalani Reelitz - Chief Financial Officer Conference Call Participants Soham Bhonsle - BTIG Jason Helstein - Oppenheimer Bernie McTernan - Needham & Company Ryan McKeveny - Zelman and Associates Operator Thank you for standing by. And welcome to the Compass ...