RE/MAX Holdings (RMAX) Declares $0.21 Quarterly Dividend; 2% Yield
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RE/MAX Holdings (RMAX) Tops Q1 EPS by 1c, Revenues Beat; Offers FY19 Revenue Guidance Above Consensus, Q2 Revenue Mid-Point Views Above Consensus
May 2, 2019 5:12 PM EDTRE/MAX Holdings (NYSE: RMAX) reported Q1 EPS of $0.48, $0.01 better than the analyst estimate of $0.47. Revenue for the quarter came in at $71.2 million versus the consensus estimate of $69.24 million.
First Quarter 2019 Highlights(Compared to first quarter 2018 unless otherwise noted)
Total agent count increased 3.9% to 125,532 agentsU.S. and Canada combined agent count decreased 0.9% to 84,031 agentsTotal open Motto Mortgage franchises increased to 88 officesRevenue of $71.2 million; excluding Marketing Funds revenue, revenue decreased 0.4% to $52.4 millionNet income attributable to RE/MAX Holdings, Inc. of $4.4 million and earnings per diluted share (GAAP EPS) of... More