RE/MAX Holdings (RMAX) Tops Q1 EPS by 10c

RE/MAX Holdings (NYSE: RMAX) reported Q1 EPS of $0.49, $0.10 better than the analyst estimate of $0.39. Revenue for the quarter came in at $52.6 million versus the consensus estimate of $50.35 million.

• Total agent count increased 6.2% to 120,821 agents
• U.S. and Canada combined agent count increased 1.9% to 84,829 agents
• Revenue increased 11.0% to $52.6 million
• Net income attributable to RE/MAX Holdings, Inc. of $5.0 million and earnings per diluted share (GAAP EPS) of $0.28
• Adjusted EBITDA1 of $22.8 million, Adjusted EBITDA margin1 of 43.4% and
• Adjusted earnings per diluted share (Adjusted EPS1) of $0.49

For earnings history and earnings-related data on RE/MAX Holdings (RMAX) click here.

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