RE/MAX Holdings Reports Third Quarter 2018 Results
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RE/MAX Holdings (RMAX) Tops Q3 EPS by 3c; Lowers FY18 Revenue/Adj. EBITDA Guidance
November 1, 2018 5:00 PM EDTRE/MAX Holdings (NYSE: RMAX) reported Q3 EPS of $0.65, $0.03 better than the analyst estimate of $0.62. Revenue for the quarter came in at $54.9 million versus the consensus estimate of $55.02 million.
"We are witnessing a larger-than-expected slowdown in home sales this fall, as homebuyers and sellers adapt to a shifting market," stated Adam Contos, RE/MAX Holdings Chief Executive Officer. "We believe market participants are adjusting to the... More
