RE/MAX Hldgs: Q1 Earnings Insights

RE/MAX Hldgs RMAX reported its Q1 earnings results on Thursday, May 4, 2023 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

RE/MAX Hldgs reported in-line EPS of $0.26 versus an estimate of $0.26.

Revenue was down $5.60 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 13.5% drop in the share price the next day.

Here's a look at RE/MAX Hldgs's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.42 0.58 0.64 0.51
EPS Actual 0.41 0.56 0.68 0.51
Revenue Estimate 82.85M 88.86M 92.28M 89.80M
Revenue Actual 81.27M 88.94M 92.17M 91.00M

To track all earnings releases for RE/MAX Hldgs visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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