RE/MAX Holdings, Inc. Reports First Quarter 2020 Results

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RE/MAX Holdings (RMAX) Misses Q1 EPS by 1c

May 6, 2020 5:45 PM EDT

RE/MAX Holdings (NYSE: RMAX) reported Q1 EPS of $0.39, $0.01 worse than the analyst estimate of $0.40. Revenue for the quarter came in at $70.3 million versus the consensus estimate of $70.29 million.

First Quarter 2020 Highlights(Compared to first quarter 2019 unless otherwise noted)

Total agent count increased 5.0% to 131,816 agents (as previously disclosed)U.S. and Canada combined agent count increased 0.2% to 84,191 agents (as previously disclosed)Total open Motto Mortgage franchises increased 34.1% to 118 offices1 (as previously disclosed)Total Revenue of $70.3 million; Revenue excluding the... More