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

Re/Max Holdings

03/08/2023 01:19

* Re/Max Holdings Inc  RMAX.N  reported quarterly adjusted
earnings of 40 cents​​ per share for the quarter ended in June.
The mean expectation of seven analysts for the quarter was
for earnings of 40 cents per share.
    * Revenue fell 10.6% to $82.45 million from a year ago;
analysts
expected $82.46 million. 
    * Re/Max Holdings Inc's reported EPS for the quarter was 11
cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.9%
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 1.5% this
quarter and
gained 4.8% so far this year.
    * The company reported quarterly net income of $2.01
million.
    * Wall Street's median 12-month price target for Re/Max
Holdings
Inc is $20.25 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 12:19 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.40           0.40           Met
 Mar. 31 2023      0.26           0.26           Met
 Dec. 31 2022      0.42           0.41           Missed
 Sep. 30 2022      0.58           0.56           Missed