Realogy Reports Financial Results For Second Quarter 2016

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Realogy (RLGY) PT, Estimates Cut at Piper Jaffray Following Disappointing Results, Outlook

August 5, 2016 8:07 AM EDT

Piper Jaffray analyst Jason Deleeuw reiterated an Overweight on Realogy (NYSE: RLGY) but cut his price target to $36.00 (from $46.00) following disappointing 2Q results and outlook for 16 as soft high-end markets and agent retention hurt NRT segment results.

Deleeuw commented, "NRTs more heavily-weighted geographic... More

Realogy Holdings (RLGY) Misses Q2 EPS by 3c; Offers Guidance

August 4, 2016 7:30 AM EDT

Realogy Holdings (NYSE: RLGY) reported Q2 EPS of $0.74, $0.03 worse than the analyst estimate of $0.77. Revenue for the quarter came in at $1.66 billion versus the consensus estimate of $1.71 billion.

For the third quarter of 2016, Realogy expects to achieve overall homesale transaction volume gains... More