RE/MAX (RMAX) Surpasses Q4 Earnings Estimates

Core Viewpoint - RE/MAX reported quarterly earnings of $0.30 per share, exceeding the Zacks Consensus Estimate of$0.29 per share, with a year-over-year comparison showing no change in earnings per share [1][2] Financial Performance - The company posted revenues of $72.47 million for the quarter ended December 2024, which was 4.14$76.6 million in the same quarter last year [2] - Over the last four quarters, RE/MAX has surpassed consensus EPS estimates four times and topped consensus revenue estimates twice [2] Stock Performance - RE/MAX shares have declined approximately 1.9% since the beginning of the year, while the S&P 500 has gained 4.5% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.17 on revenues of$78.12 million, and for the current fiscal year, it is $1.31 on revenues of$311.44 million [7] - The trend of estimate revisions for RE/MAX has been unfavorable leading up to the earnings release [6] Industry Context - The Real Estate - Operations industry, to which RE/MAX belongs, is currently ranked in the bottom 13% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact RE/MAX's stock performance [5]