Shares of RMR Group RMR remained unaffected after the company reported Q4 results.
Quarterly Results
Earnings per share fell 33.90% year over year to $0.39, which were in line with the estimate of $0.39.
Revenue of $150,103,000 declined by 5.74% from the same period last year, which beat the estimate of $137,520,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Nov 20, 2020
Time: 10:00 AM
ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/rmr/mediaframe/40871/indexr.html
Recent Stock Performance
Company's 52-week high was at $49.99
52-week low: $21.79
Price action over last quarter: Up 7.76%
Company Overview
The RMR Group Inc is a holding company conducts its business through its subsidiary RMR Group LLC. The RMR Group LLC is an alternative asset management company which invests in real estate and manage real estate related businesses. Its business primarily consists of providing management services to publicly owned real estate investment trusts, or REITs, and real estate related operating companies. It also provides management services to real estate securities mutual fund and commercial real estate finance company. The company operates through single segment being RMR LLC. The RMR Group derives its revenue from providing business and property management services as well as advisory and other services.
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