Re/Max Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

Re/Max Holdings

21/02/2025 09:23

* Re/Max Holdings Inc  RMAX.N  reported quarterly adjusted
earnings of 30 cents​​ per share for the quarter ended December
31, identical to the same quarter last year.  The mean
expectation of seven analysts for the quarter was for earnings
of 29 cents per share. Wall Street expected results to range
from 25 cents to 31 cents per share.
    * Revenue fell 5.4% to $72.47 million from a year ago;
analysts
expected $74.36 million. 
    * Re/Max Holdings Inc's reported EPS for the quarter was 29
cents​.
    * The company reported quarterly net income of $5.81
million.
    * Re/Max Holdings Inc shares had fallen by 4.9% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the real estate
services peer group is also "hold"

Wall Street's median 12-month price target for Re/Max Holdings
Inc is $10.00 
This summary was machine generated from LSEG data February 21 at
09:22 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.29           0.30           Beat
 Sep. 30 2024      0.36           0.38           Beat
 Jun. 30 2024      0.35           0.41           Beat
 Mar. 31 2024      0.19           0.20           Beat