RMR Group (RMR) Reports Q1 EPS of $4.39, Beats on Revenues

RMR Group (NASDAQ: RMR) reported Q1 EPS of $4.39, versus $3.36 reported last year. Revenue for the quarter came in at $218.54 million versus the consensus estimate of $206.85 million.

First Quarter Fiscal 2018 Highlights:

• Total revenues for the quarter ended December 31, 2017 were $218.5 million, including $155.9 million of incentive business management fees, compared to total revenues for the quarter ended December 31, 2016 of $105.3 million, including $52.4 million of incentive business management fees.
• For the three months ended December 31, 2017, net income was $159.3 million and net income attributable to The RMR Group Inc. was $71.1 million, or $4.39 per diluted share, compared to net income of $60.2 million and net income attributable to The RMR Group Inc. of $23.5 million, or $1.46 per diluted share, for the three months ended December 31, 2016.

For earnings history and earnings-related data on RMR Group (RMR) click here.

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