A Preview Of RMR Group's Earnings


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


On Friday, August 07, RMR Group (NASDAQ:RMR) will release its latest earnings report. Benzinga's outlook for RMR Group is included in the following report.

Earnings and Revenue

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Analysts covering RMR Group modeled for quarterly EPS of $0.38 on revenue of $132.10 million. In the same quarter last year, RMR Group reported EPS of $0.53 on revenue of $143.72 million. The analyst consensus estimate would represent a 28.3% decline in the company's EPS figure. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2019 Q3 2019
EPS Estimate 0.49 0.58 0.52 0.53
EPS Actual 0.46 0.57 0.59 0.53
Revenue Estimate 150.53 M 154.16 M 140.92 M 133.10 M
Revenue Actual 140.86 M 159.89 M 159.24 M 143.72 M

Stock Performance

Over the past 52-week period, shares of RMR Group have declined 39.11%.

Bearing these returns in mind, shareholders will probably be dissatisfied going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. RMR Group is scheduled to hold the call at 13:00:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/rmr/mediaframe/38913/indexr.html


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: Earnings