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MarketScreener Homepage  >  Equities  >  Nyse  >  RE/MAX Holdings, Inc.    RMAX

RE/MAX HOLDINGS, INC.

(RMAX)
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RE/MAX: 3Q Earnings Snapshot

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10/31/2019 | 04:46pm EST

DENVER (AP) _ RE/MAX Holdings Inc. (RMAX) on Thursday reported third-quarter net income of $9.2 million.

On a per-share basis, the Denver-based company said it had profit of 51 cents. Earnings, adjusted for one-time gains and costs, came to 61 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.

The franchisor of residential real estate brokerages posted revenue of $71.5 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $70.6 million.

For the current quarter ending in December, RE/MAX said it expects revenue in the range of $66.5 million to $69.5 million.

The company expects full-year revenue in the range of $280.5 million to $283.5 million.

RE/MAX shares have increased nearly 9% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $33.47, a fall of 10% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RMAX at https://www.zacks.com/ap/RMAX

Automated Insights, source Associated Press News

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Financials (USD)
Sales 2019 282 M
EBIT 2019 72,9 M
Net income 2019 26,8 M
Debt 2019 133 M
Yield 2019 2,16%
P/E ratio 2019 25,5x
P/E ratio 2020 26,5x
EV / Sales2019 2,92x
EV / Sales2020 2,82x
Capitalization 693 M
Chart RE/MAX HOLDINGS, INC.
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RE/MAX Holdings, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends RE/MAX HOLDINGS, INC.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 8
Average target price 37,43  $
Last Close Price 38,85  $
Spread / Highest target 8,11%
Spread / Average Target -3,66%
Spread / Lowest Target -22,8%
EPS Revisions
Managers
NameTitle
Adam M. Contos Chief Executive Officer & Director
David L. Liniger Non-Executive Chairman
Serene M. Smith Chief Operating Officer & Chief of Staff
Karri R. Callahan Chief Financial Officer
Jerry Modes Senior Vice President-Information Technology
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