RE/MAX Holdings (RMAX) Tops Q4 EPS by 1c; Offers Q1 & FY20 Revenue Guidance
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RE/MAX Holdings, Inc. Reports Fourth Quarter And Full-Year 2019 Results
February 20, 2020 4:10 PM ESTDENVER, Feb. 20, 2020 /PRNewswire/ --
Full-Year 2019 Highlights(Compared to full-year 2018 unless otherwise noted)
Total agent count increased 5.3% to 130,889 agents U.S. and Canada combined agent count increased 0.3% to 84,688 agents Total open Motto Mortgage franchises increased 42.3% to 111 offices1 Total Revenue of $282.3 million; Revenue excluding the Marketing Funds decreased 1.2% to $210.0 million Net income attributable to RE/MAX Holdings, Inc. of $25.0 million and earnings per diluted share (GAAP EPS) of $1.40 Adjusted EBITDA2 of $103.5 million, Adjusted EBITDA margin2 of 36.7% and Adjusted earnings per diluted share (Adjusted EPS1) of $2.20Fourth... More
