RE/MAX Holdings, Inc. Reports Fourth Quarter and Full-Year 2020 Results
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RE/MAX Holdings (RMAX) Tops Q4 EPS by 2c, Revenues Beat; Offers FY21 Revenue Guidance Above Consensus
February 25, 2021 5:01 PM ESTRE/MAX Holdings (NYSE: RMAX) reported Q4 EPS of $0.47, $0.02 better than the analyst estimate of $0.45. Revenue for the quarter came in at $72.4 million versus the consensus estimate of $71.29 million.
Fourth Quarter 2020 Highlights
(Compared to fourth quarter 2019 unless otherwise noted)
Total Revenue of $72.4 million; Revenue excluding the Marketing Funds increased 7.6% to $54.6 millionNet income attributable to RE/MAX Holdings, Inc. of $1.3 million and earnings per diluted share (GAAP EPS) of $0.07Adjusted EBITDA2 of $23.8 million, Adjusted EBITDA margin2 of 32.8% and Adjusted earnings per diluted share (Adjusted EPS2) of $0.47"A... More
