RE/MAX Holdings, Inc. Reports First Quarter 2021 Results
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RE/MAX Holdings (RMAX) Tops Q1 EPS by 1c, Revenues Miss; Offers 2Q & FY21 Revenues Guidance
May 6, 2021 5:10 PM EDTRE/MAX Holdings (NYSE: RMAX) reported Q1 EPS of $0.46, $0.01 better than the analyst estimate of $0.45. Revenue for the quarter came in at $72.3 million versus the consensus estimate of $74.03 million.
First Quarter 2021 Highlights(Compared to first quarter 2020 unless otherwise noted)
Total agent count increased 6.4% to 140,214 agentsU.S. and Canada combined agent count increased 0.7% to 84,771 agentsTotal open Motto Mortgage franchises increased 27.1% to 150 offices1Total Revenue of $72.3 million; Revenue excluding the Marketing Funds increased 2.7% to $54.2 millionNet income attributable to RE/MAX Holdings, Inc. of $1.1 million and earnings per diluted share... More