RE/MAX Holdings (RMAX) Reports Q3 EPS of $0.46
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RE/MAX Holdings Reports Third Quarter 2015 Results
November 5, 2015 4:01 PM ESTDENVER, Nov. 5, 2015 /PRNewswire/ --
Third Quarter 2015 Highlights(Compared to the third quarter 2014 unless otherwise noted)
Agent count grew by 6.0% to 103,491 agents Revenue grew by 2.0% to $45.1 million Operating Income grew by 3.5% to $20.6 million Adjusted EBITDA1 of $25.1 million, up 7.5% Adjusted EBITDA1 margin of 55.7%, up from 52.8% Adjusted basic and diluted earnings per share1 ("EPS") of $0.46 Declared quarterly dividend of $0.125 per share Raising full-year 2015 agent count growth outlook to 5.6% to 5.8% from 5.0% to 5.5% Raising full-year 2015 Adjusted EBITDA margin outlook to 50.0% to 51.0% from 49.0% to... More