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.

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.

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.