Earnings (Loss) Per Share (Notes)

6 Months Ended

Jun. 30, 2025

EARNINGS (LOSS) PER SHARE

Earnings (loss) per share attributable to Anywhere

Basic earnings (loss) per common share is computed based on net income (loss) attributable to Anywhere stockholders divided by the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per common share is computed consistently with the basic computation plus the effect of dilutive potential common shares outstanding during the period. Dilutive potential common shares include shares that the Company could be obligated to issue from its outstanding stock-based compensation awards. For purposes of computing diluted earnings (loss) per common share, weighted average common shares do not include potentially dilutive common shares if their effect is anti-dilutive. As such, the shares that the Company could be obligated to issue from its stock options are excluded from the earnings (loss) per share calculation if the exercise price exceeds the average market price of common shares. The Company uses the treasury stock method to calculate the dilutive effect of outstanding stock-based compensation.

The following table sets forth the computation of basic and diluted earnings (loss) per share:


	Three Months Ended June 30,				Six Months Ended June 30,
(In millions, except per share data)	2025		2024		2025		2024
Numerator:
Net income (loss) attributable to Anywhere shareholders	$	27	$	30	$	(51)	$	(71)
Denominator:
Weighted average common shares outstanding (denominator for basic earnings (loss) per share calculation)	111.9		111.2		111.7		110.9
Dilutive effect of stock-based compensation awards (a) (b)	2.2		0.7		—		—

Weighted average common shares outstanding (denominator for diluted earnings (loss) per share calculation)	114.1		111.9		111.7		110.9
Earnings (loss) per share attributable to Anywhere shareholders:
Basic earnings (loss) per share	$	0.24	$	0.27	$	(0.46)	$	(0.64)
Diluted earnings (loss) per share	$	0.24	$	0.27	$	(0.46)	$	(0.64)

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(a)The three months ended June 30, 2025 and 2024, exclude 8.7 million and 7.4 million shares of common stock, respectively, issuable for incentive equity awards which includes performance share units based on the achievement of target amounts that are anti-dilutive to the diluted earnings per share computation.

(b)The Company was in a net loss position for both the six months ended June 30, 2025 and 2024, and therefore, the impact of incentive equity awards was excluded from the computation of dilutive loss per share as the inclusion of such amounts would be anti-dilutive.

Anywhere Real Estate Inc. 10-Q