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Marcus & Millichap Inc. Q2 Income Rises

Marcus & Millichap Inc. (MMI) released earnings for its second quarter that climbed from last year.

The company's earnings came in at $22.17 million, or $0.56 per share. This compares with $15.57 million, or $0.40 per share, in last year's second quarter.

Analysts had expected the company to earn $0.51 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.6% to $199.40 million from $180.37 million last year.

Marcus & Millichap Inc. earnings at a glance:

-Earnings (Q2): $22.17 Mln. vs. $15.57 Mln. last year.
-EPS (Q2): $0.56 vs. $0.40 last year.
-Analysts Estimate: $0.51
-Revenue (Q2): $199.40 Mln vs. $180.37 Mln last year.

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