(USD) | Mar 2024 | Q/Q |
---|---|---|
Revenue | 78.3MM | +2% |
Operating Income | 4.5MM | -147% |
Operating Expenses | 73.8MM | -15% |
Net Income | -3.4MM | -69% |
G&A | 45.7MM | +17% |
Amortization | 7.2MM | -4% |
Interest Expense | 9.3MM | -1% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
April, the gateway to what are traditionally the busiest months for home sales, has set the stage nicely with closings increasing 11.2% over March and 9.0% over last April. Sales have increased month over month since February.
RE/MAX, the #1 name in real estate*, received final approval of the settlement agreement in the class action lawsuits known as Burnett, Moehrl and Nosalek, and any similar claims on a nationwide basis. The approved settlement resolves the claims asserted against RE/MAX, LLC and includes releases for all U.S. RE/MAX independent regions, franchisees and agents.
Keller Williams, RE/MAX, and Realogy hope to finalize three settlements amounting to $208 million that promise dramatic changes to real estate commissions across the US.
RE/MAX, LLC, the #1 name in real estate1, announces the highly anticipated 2024 RE/MAX® Global Commercial Symposium, slated from June 10-12 at the Tampa Bay Marriott Water Street in Florida. With a lineup of dynamic speakers, the event offers a unique opportunity for RE/MAX Commercial Brokers to strengthen their skills and for all affiliates to explore the realm of commercial real estate.
It's been a good week for RE/MAX Holdings, Inc. ( NYSE:RMAX ) shareholders, because the company has just released its...
RE/MAX Holdings, Inc. (NYSE:RMAX) Q1 2024 Earnings Call Transcript May 3, 2024 RE/MAX Holdings, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning and welcome to the RE/MAX Holdings First Quarter 2024 Earnings Conference Call and Webcast. My […]
RE/MAX Holdings ( NYSE:RMAX ) First Quarter 2024 Results Key Financial Results Revenue: US$78.3m (down 8.3% from 1Q...
Amidst a complex real estate landscape, RE/MAX Holdings Inc (RMAX) demonstrates resilience and strategic foresight in its first quarter of 2024.
Q1 2024 Re/Max Holdings Inc Earnings Call
Shares of real estate franchise company RE/MAX (NYSE:RMAX) jumped 15.1% in the morning session after the company reported first-quarter results that topped analysts' revenue expectations. Its EPS also narrowly outperformed Wall Street's estimates. That the company reaffirmed full year revenue and adjusted EBITDA guidance means the company is on track.