NEWTON, Mass. (AP) _ RMR Group Inc. (RMR) on Friday reported fiscal second-quarter net income of $4.9 million.

On a per-share basis, the Newton, Massachusetts-based company said it had profit of 30 cents. Earnings, adjusted for non-recurring costs, were 37 cents per share.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share.

The real estate management services provider posted revenue of $131.6 million in the period.

RMR Group shares have risen 4% since the beginning of the year. In the final minutes of trading on Friday, shares hit $40.18, a rise of 35% 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 RMR at https://www.zacks.com/ap/RMR

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News