RMR Group Inc reports results for the quarter ended in June - Earnings Summary

RMR group

09/08/2023 23:47

* RMR Group Inc  RMR.OQ  reported quarterly adjusted
earnings of
48 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of 48 cents per share.
    * Revenue rose 32.8% to $280.23 million from a year ago;
analysts
expected $227.52 million. 
    * RMR Group Inc's reported EPS for the quarter was $1.48​.
    * The mean earnings estimate of analysts had fallen by
about 9.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * RMR Group Inc shares had fallen by 0.6% this quarter and
lost 18.5% so far this year.
    * The company reported quarterly net income of $24.37
million.
    * Wall Street's median 12-month price target for RMR Group
Inc is
$30.25 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 10:47 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.48           0.48           Met
 Mar. 31 2023      0.49           0.49           Met
 Dec. 31 2022      0.53           0.51           Missed
 Sep. 30 2022      0.56           0.57           Beat