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

• 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)