**eXp Earnings: November 7, 2024 Q3 Results**

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Post on Oct 25, 2024

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eXp Realty Q3 2024 Earnings: A Mixed Bag

So, the big day is finally here! eXp Realty, the cloud-based brokerage that's been shaking things up in the real estate world, just dropped their Q3 2024 earnings report. Let's break it down and see what's cooking.

The Highlights:

• Revenue: eXp's revenue for the quarter came in at $2.4 billion, which is a pretty significant jump from last year. Whoaaaa! That's a big number!
• Earnings: However, the company reported a net loss of $0.12 per share. This was definitely a bummer.
• Agent Growth: On the bright side, eXp saw an impressive increase in agent count, reaching a whopping 90,000 agents. That's a lot of real estate ninjas!
• Technology Investments: eXp is still pouring money into technology and innovation, hoping to stay ahead of the curve.

What's the Deal With the Loss?

Let's be honest, the loss is a little concerning. Ugh, what gives? eXp blamed the slump on the cooling housing market and rising interest rates. It's tough out there, folks.

What Does This Mean for the Future?

It's still a little early to tell what this means for eXp's long-term prospects. The jury's still out! The company is still a relatively new player in the game. But, their focus on technology and agent growth is certainly a promising sign.

Here's the bottom line: eXp's Q3 earnings were a bit of a mixed bag. It's a rollercoaster ride! While the revenue growth is impressive, the loss is a cause for concern. It's gonna be interesting to see how eXp tackles these challenges and navigates the current real estate market.

Stay tuned for more updates on eXp Realty!