RE/MAX: Q1 Earnings Snapshot
DENVER (AP) — DENVER (AP) — RE/MAX Holdings Inc. (RMAX) on Thursday reported a loss of $671,000 in its first quarter.
The Denver-based company said it had a loss of 4 cents per share. Earnings, adjusted for one-time gains and costs, came to 26 cents per share.
The franchisor of residential real estate brokerages posted revenue of $85.4 million in the period.
For the current quarter ending in June, RE/MAX said it expects revenue in the range of $79 million to $84 million.
The company expects full-year revenue in the range of $315 million to $335 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RMAX at https://www.zacks.com/ap/RMAX
