Re/Max Holdings Inc expected to post earnings of 29 cents a share - Earnings Preview

Re/Max Holdings

18/02/2025 21:02

* Re/Max Holdings Inc  RMAX.N   RMAX.K  is expected to show
a fall
in quarterly revenue when it reports  results on February 20 for
the period ending December 31 2024
    * The Denver Colorado-based  company is expected to report a
2.9% decrease in revenue to $74.355 million from $76.6 million a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data.The company's guidance on October 31 2024, for the
period ended December 31, was for revenue between $71.00 million
and $76.00 million.
    * ​LSEG's mean analyst estimate for Re/Max Holdings Inc is
for
earnings of 29 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Re/Max
Holdings
Inc is $10.00​, below​ its last closing price of $10.13. ​​​

The company's guidance on October 31 2024 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD71 million and
USD23.5 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.37        0.36       0.38      Beat    6.7
 Jun. 30 2024  0.35        0.35       0.41      Beat    16
 Mar. 31 2024  0.19        0.19       0.20      Beat    3.5​
 Dec. 31 2023  0.28        0.29       0.30      Beat    4.7
 ​​Sep.        0.37        0.36       0.40      Beat    11.1
 30 2023                                                
 Jun. 30 2023  0.40        0.40       0.40      Met     0​
 Mar. 31 2023  0.26        0.26       0.26      Met     -0.8
 Dec. 31 2022  0.41        0.42       0.41      Missed  -2.4
 This summary was machine generated February 18 at 21:02 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)