RE/MAX (NYSE:RMAX) Issues Earnings Results

03:06pm, Tuesday, 23'rd Nov 2021 Dakota Financial News
RE/MAX (NYSE:RMAX) posted its earnings results on Sunday. The financial services provider reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.08, Briefing.com reports. RE/MAX had a net margin of 3.80% and a return on equity of 40.36%. The business had revenue of $91.00 million during the quarter, compared to the […]
RE/MAX (NYSE:RMAX) issued its quarterly earnings data on Sunday. The financial services provider reported $0.71 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.63 by $0.08, Briefing.com reports. RE/MAX had a return on equity of 40.36% and a net margin of 3.80%. The company had revenue of $91.00 million for […]
RE/MAX Holdings, Inc. (RMAX) CEO Adam Contos on Q3 2021 Results - Earnings Call Transcript
HousingWire sat down RE/MAX Gold Nation CEO James OBryon as he talks about his contribution to the housing market. The post RE/MAX Gold Nations James OBryon on growing a top real estate brokerage appeared first on HousingWire .

RE/MAX Holdings EPS beats by $0.09, beats on revenue

09:20pm, Monday, 22'nd Nov 2021 Seeking Alpha
DENVER , Nov. 22, 2021 /PRNewswire/ -- Preliminary Third Quarter 2021 Highlights (Compared to third quarter 2020 unless otherwise noted) Total Revenue increased 28.0% to $91.0 million Revenue excluding the Marketing Funds increased 25.9% to $67.7 million , and was comprised of 6.9% organic growth 1 , 18.3% growth from acquisitions and 0.7% growth from foreign currency movements Net loss attributable to RE/MAX Holdings, Inc. of $25.1 million and loss per diluted share (GAAP EPS) of $1.34 Adjusted EBITDA 2 of $35.0 million , Adjusted EBITDA margin 2 of 38.4% and Adjusted earnings per diluted share (Adjusted EPS 2 ) of $0.71 Total agent count increased 4.6% to 140,936 agents U.S. and Canada combined agent count increased 2.2% to 85,656 agents Total open Motto Mortgage franchises increased 32.3% to 176 offices 3 Operating Statistics as of October 31, 2021 (Compared to October 31, 2020 unless otherwise noted) Total agent count increased 3.8% to 141,399 agents U.S. and Canada combined agent count increased 1.9% to 85,746 agents Total open Motto Mortgage franchises increased 32.8% to 178 offices 3 RE/MAX Holdings, Inc. (the "Company" or "RE/MAX Holdings") (NYSE: RMAX ), parent company of RE/MAX, one of the world''s leading franchisors of real estate brokerage services, and Motto Mortgage ("Motto"), the first national mortgage brokerage franchise brand in the U.S., today announced preliminary operating results for the third quarter ended September 30 , 2021. "We achieved record third quarter revenue, Adjusted EBITDA and Adjusted EPS driven by contributions from the largest Independent Region acquisition in our history, broad-based performance in our core operations, and a healthy housing market," said Adam Contos , RE/MAX Holdings Chief Executive Officer. "Our performance reaffirmed that the investments we''ve made in recent years have significantly diversified and expanded our revenue and growth opportunities.
RE/MAX Results, the largest RE/MAX franchise in the United States, owned and operated by Broker/Owner John Collopy and CEO Brenda Tushaus, has acquired the offices of RE/MAX
DENVER , Nov. 22, 2021 /PRNewswire/ -- RE/MAX Holdings, Inc. (the "Company" or "RE/MAX Holdings") (NYSE: RMAX ), parent company of RE/MAX, one of the world''s leading franchisors of real estate brokerage services, and Motto Mortgage, the first national mortgage brokerage franchise brand in the U.S., will release preliminary financial results for the quarter ended September 30, 2021 , after market close on Monday, November 22, 2021 , and will host a conference call for interested parties on Tuesday, November 23, 2021 , at 8:30 a.m. Eastern Time . Full story available on Benzinga.com
DENVER, Nov. 22, 2021 /PRNewswire/ -- RE/MAX Holdings, Inc. (the "Company" or "RE/MAX Holdings") (NYSE:RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage
tells members of diaspora time is right to invest in Guyana Housing and Water Minister Collin Croal, during the launch of world-renowned real estate company RE/MAX in Guyana on Tuesday evening, called on members of the Guyanese diaspora to make investments in their homeland as the country experiences an upsurge in economic growth. The investment [] The post Lots of opportunities still available to create a niche for everybody Minister Croal appeared first on Guyana Times .

Top Realtor Gives Back to Charity

09:25pm, Friday, 19'th Nov 2021 EIN News Bitcoin
CAMBRIDGE, ONTARIO, CANADA, November 19, 2021 /EINPresswire.com/ -- Faisal Susiwala, the Worlds top real estate broker for RE/MAX, and who has also earned a top 1% worldwide rating with RE/MAX for his 34-year and counting real estate
First Trust Advisors LP acquired a new position in shares of RE/MAX Holdings, Inc. (NYSE:RMAX) in the 2nd quarter, HoldingsChannel reports. The firm acquired 42,955 shares of the financial services providers stock, valued at approximately $1,432,000. Several other hedge funds and other institutional investors have also recently bought and sold shares of RMAX. Dimensional Fund []
Christopher Alexander to lead the Western & Ontario -Atlantic Canadian network of over 19,000 agents DENVER , Nov. 18, 2021 /PRNewswire/ -- RE/MAX, LLC (the "Company" or "RE/MAX") today announced that the Company has named Christopher Alexander as the President of RE/MAX Canada . Having recently completed the acquisition of the North American regions of RE/MAX INTEGRA, RE/MAX added the Ontario and Atlantic provinces (approximately 12,000 agents) to its previously owned Western Canada roster (approximately 7,000 agents). Only the Quebec region remains independently owned within Canada . In this role, Christopher will lead the brand throughout Full story available on Benzinga.com
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