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

Re/Max Holdings

05/05/2023 18:17

* Re/Max Holdings Inc  RMAX.N  reported quarterly adjusted
earnings of 26 cents​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of 26 cents per share.
    * Revenue fell 6.2% to $85.40 million from a year ago;
analysts
expected $83.62 million. 
    * Re/Max Holdings Inc's reported EPS for the quarter was a
loss
of 4 cents​.
    * The mean earnings estimate of analysts had fallen by
about 35.1%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Re/Max Holdings Inc shares had fallen by 2.9% this
quarter and
lost 2.3% so far this year.
    * The company reported a quarterly loss of $671 thousand.
    * Wall Street's median 12-month price target for Re/Max
Holdings
Inc is $21.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
5 at 05:17 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.26           0.26           Met
 Dec. 31 2022      0.42           0.41           Missed
 Sep. 30 2022      0.58           0.56           Missed
 Jun. 30 2022      0.64           0.68           Beat