RE/MAX(RMAX) ZACKS·2025-02-21 00:30Core Insights - RE/MAX reported revenue of 0.30, unchanged from the previous year [1] - The revenue fell short of the Zacks Consensus Estimate of 0.29 by 3.45% [1] Financial Performance Metrics - RE/MAX's agent count outside the U.S. and Canada totaled 70,170, surpassing the average estimate of 69,085 [4] - The total agent count was 146,627, slightly above the average estimate of 146,114 [4] - The U.S. total agent count was 51,286, below the average estimate of 51,643 [4] - In Canada, the independent regions had an agent count of 4,860, compared to the average estimate of 5,010 [4] - Company-owned regions in the U.S. had an agent count of 44,911, below the average estimate of 45,373 [4] - Independent regions in the U.S. had an agent count of 6,375, slightly above the average estimate of 6,270 [4] - Company-owned regions in Canada had an agent count of 20,311, close to the average estimate of 20,376 [4] Revenue Breakdown - Revenue from marketing funds fees was 19.53 million, representing a year-over-year decline of 9.4% [4] - Continuing franchise fees generated 30.66 million, reflecting a decline of 5.1% year over year [4] - Franchise sales and other revenue amounted to 5.03 million, indicating a year-over-year change of -6.7% [4] - Broker fees were reported at 11.78 million, with a year-over-year increase of 1% [4] - Annual dues revenue was 8.30 million, representing a year-over-year decline of 4.9% [4] Stock Performance - Over the past month, RE/MAX shares returned +2%, compared to the Zacks S&P 500 composite's +2.6% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]