U.S. Markets closed
  • S&P 500

    +41.45 (+0.95%)
  • Dow 30

    +338.48 (+1.00%)
  • Nasdaq

    +150.45 (+1.02%)
  • Russell 2000

    +32.38 (+1.48%)
  • Gold

    -9.80 (-0.55%)
  • Silver

    +0.46 (+2.05%)

    -0.0034 (-0.2924%)
  • 10-Yr Bond

    +0.0120 (+0.91%)
  • Vix

    -3.49 (-14.33%)

    -0.0045 (-0.3282%)

    +0.5600 (+0.5127%)

    +592.60 (+1.41%)
  • CMC Crypto 200

    +49.07 (+4.72%)
  • FTSE 100

    +102.39 (+1.47%)
  • Nikkei 225

    -200.31 (-0.67%)

Free Post Earnings Research Report: Realogy Holdings’ Quarterly Reported Earnings Increased 377.5%

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Stock Monitor: Optibase Post Earnings Reporting

LONDON, UK / ACCESSWIRE / April 11, 2018 / Active-Investors.com has just released a free earnings report on Realogy Holdings Corp. (NYSE: RLGY) ("RLGY'"). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=RLGY. On February 27, 2018, RLGY reported financial results for the fourth quarter and full year ended December 31, 2017. The Company surpassed analysts' estimates for earnings but missed revenue forecasts for Q4 FY17. Register today and get access to over 1,000 Free Research Reports by joining our site below:


Active-Investors.com is currently working on the research report for Optibase Ltd (NASDAQ: OBAS), which also belongs to the Financial sector as the Company Realogy Holdings. Do not miss out and become a member today for free to access this upcoming report at:


Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Realogy Holdings most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:


Earnings Highlights and Summary

RLGY's total revenues reached $1.44 billion for Q4 FY17, up 5.4% from $1.37 billion in Q4 FY16. This was behind analysts' consensus forecasts of $1.48 billion. Gross commission income advanced 8.29% to $1.07 billion y-o-y, service revenue declined 5% to $228 million y-o-y, and franchise fees increased 8.70% to $100 million y-o-y in Q4 FY17.

RLGY's incurred total expenses of $1.4 billion in Q4 FY17, 8.64% higher than $1.28 billion in Q4 FY16. The Company had commission and other agent-related costs of $768 million in the reported quarter, up 11.47% from $689 million in the previous year's corresponding quarter. RLGY's operating earnings before interest, tax, depreciation, and amortization (EBITDA) declined 4.64% to $144 million y-o-y in the quarter under review.

Net income attributable to RLGY was $255 million for Q4 FY17, an increase of 347.37% from $57 million in Q4 FY16. The Company's basic earnings per share surged 377.50% to $1.91 in the quarter under review from $0.4 in the year ago same quarter. RLGY's results for the reported quarter included mark-to-market interest rate swap gains, restructuring costs, benefit from 2017 Tax Act, and a reduction in the reserve for uncertain tax positions. The Company's diluted earnings per share (DEPS), after adjusting for non-recurring items, was $0.26 in Q4 FY17, same as in Q4 FY16. This was higher than analysts' consensus estimates of $0.24 per share.

For the year ending December 31, 2017, RLGY's total revenues were $6.11 billion, up 5.23% from $5.81 billion in FY16 driven by increases in homesale transaction volume. The Company's operating EBITDA declined 4.94% to $732 million y-o-y in FY17, due to higher agent commission rates, reduced earnings in its relocation segment, and several non-recurring charges. Net income attributable to RLGY was $431 million in FY17, which is 2.02 times the net income of $213 million in FY16. The basic EPS rose 114.29% to $3.15 in the reported year from $1.47 in the previous year. RLGY's adjusted EPS, excluding special items, was $1.59, 3.05% lower than $1.64 in FY16.

Realogy Holdings' Segment Details

During Q4 2017, the RFG segment's net revenues were $199 million, up 5.85% y-o-y. The segment reported an operating EBITDA of $132 million in Q4 FY17, an increase of 8.20% from $122 million.

For Q4 FY17, the NRT segment's net revenues advanced 8.27% to $1.09 billion on a y-o-y basis. This segment had an operating EBITDA of $14 million in Q4 FY17 compared to $13 million in Q4 FY16, reflecting an increase of 7.69%.

During Q4 FY17, the Cartus segment's net revenues declined 5.15% to $92 million on a y-o-y basis. This segment's operating EBITDA was $20 million for the quarter under review, a decrease of 9.09% from $22 million in the previous year's corresponding quarter.

The TRG segment generated net revenues of $139 million in Q4 FY17, a y-o-y decline of 6.71%. This segment had an operating EBITDA of $10 million in the reported quarter, 23.08% lower than $13 million in the year ago same quarter.

Cash Matters

RLGY had cash and cash equivalents of $227 million as on December 31, 2017, 17.15% lower than $274 million as on December 31, 2016.

RLGY's net cash flow from operating activities was $667 million in FY17, 13.82% higher than the $586 million reported in FY16. The Company had a free cash flow of $559 million at the end of FY17 compared to $456 million at the end of FY16.

RLGY's long-term debt reduced 1.35% to $3.22 billion at the end of Q4 FY17 from $3.27 billion at the end of Q4 FY16. The Company increased its revolving credit facility by $350 million to a $1.4 billion and extended its maturity by three years to February 2023. The Company also combined its existing two tranches of term loan A and term loan A-1 into a new single tranche of $750 million.

In FY17, RLGY returned $325 million to shareholders through share repurchases and dividends. Besides, the Company's Board also approved a new share repurchase authorization of $350 million. On February 26, 2018, RLGY's Board of Directors declared a quarterly cash dividend of $0.09 per share, which was paid on March 26, 2018, to shareholders of record as of the close of business on March 12, 2018.

Stock Performance Snapshot

April 10, 2018 - At Tuesday's closing bell, Realogy's stock rose 1.32%, ending the trading session at $27.61.

Volume traded for the day: 890.13 thousand shares.

Stock performance in the last month – up 5.50%; previous three-month period – up 3.41%; and year-to-date – up 4.19%

After yesterday's close, Realogy's market cap was at $3.64 billion.

Price to Earnings (P/E) ratio was at 13.58.

The stock has a dividend yield of 1.30%.

The stock is part of the Financial sector, categorized under the Property Management industry. This sector was up 1.3% at the end of the session.


Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.


The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.


A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.


This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.


For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors