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

Re/Max Holdings

16/02/2023 22:46

* Re/Max Holdings Inc  RMAX.N  reported quarterly adjusted
earnings of 41 cents​​ per share for the quarter ended in
December. The mean expectation of six analysts for the quarter
was for earnings of 42 cents per share.
    * Revenue fell 8.9% to $81.27 million from a year ago;
analysts
expected $82.85 million. 
    * Re/Max Holdings Inc's reported EPS for the quarter was a
loss
of 14 cents​.
    * The mean earnings estimate of analysts had fallen by
about 5% in
the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Re/Max Holdings Inc shares had risen by 22.7% this
quarter.
    * The company reported a quarterly loss of $2.58 million.
    * Wall Street's median 12-month price target for Re/Max
Holdings
Inc is $24.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
16 at 10:46 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.42           0.41           Missed
 Sep. 30 2022      0.58           0.56           Missed
 Jun. 30 2022      0.64           0.68           Beat
 Mar. 31 2022      0.51           0.51           Met