RE/MAX Holdings, Inc. Reports Fourth Quarter And Full-Year 2019 Results
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RE/MAX Holdings (RMAX) Tops Q4 EPS by 1c; Offers Q1 & FY20 Revenue Guidance
February 20, 2020 4:30 PM ESTRE/MAX Holdings (NYSE: RMAX) reported Q4 EPS of $0.47, $0.01 better than the analyst estimate of $0.46. Revenue for the quarter came in at $68.2 million versus the consensus estimate of $68.4 million.
Fourth Quarter 2019 Highlights(Compared to fourth quarter 2018 unless otherwise noted)
Total Revenue of $68.2 million; Revenue excluding the Marketing Funds decreased 0.2% to $50.8 millionNet income attributable to RE/MAX Holdings, Inc. of $2.9 million and earnings per diluted share (GAAP EPS) of $0.16Adjusted EBITDA2 of $22.5 million, Adjusted EBITDA margin2 of 33.0% and Adjusted earnings per diluted share (Adjusted EPS1) of $0.47"Recent RE/MAX recruiting... More
