RE/MAX Holdings (RMAX) Tops Q1 EPS by 1c

RE/MAX Holdings (NYSE: RMAX) reported Q1 EPS of $0.28, versus the consensus of $0.27. Revenue for the quarter came in at $41.9 million versus the consensus estimate of $40.3 million.

"We continue to grow our agent-centric network and our recurring revenue streams, demonstrating the strength of our stable, fee-based franchise model," stated Margaret Kelly, Chief Executive Officer of RE/MAX. "While current indicators point to mixed trends in the housing market, we remain confident in our ability to leverage our resilient business model to grow our network of highly productive agents and drive margin expansion."

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

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