Anywhere Real Estate Inc. reported its financial results for the first quarter ended March 31, 2025, on April 29, 2025. The company announced net revenues of $1.204 billion, a 7% increase from $1.126 billion in Q1 2024. Operating EBITDA improved by 92% to $(1) million, compared to $(13) million in the prior year.
The net loss attributable to Anywhere improved by 23% to $(78) million, from $(101) million in Q1 2024, and loss per share improved by 23% to $(0.70). The company's combined homesale transaction volume increased by 6% compared with Q1 2024, driven by a 10% increase in average homesale price for the Franchise Group and a 13% increase for the Owned Brokerage Group.
Anywhere reaffirmed its expectation to realize approximately $100 million in cost savings for 2025 and maintained its full-year 2025 Operating EBITDA guidance of about $350 million. The company also detailed estimated one-time payments of $115 million for antitrust litigation, a Cendant legacy tax matter, and a TCPA litigation settlement.
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