RE/MAX Sees Q3 Revenue $78.5M-$83.5M vs $82.58M Est.
Portfolio Pulse from Benzinga Newsdesk
RE/MAX expects its Q3 revenue to be between $78.5M and $83.5M, which is lower than the estimated $82.58M.
August 04, 2023 | 12:25 pm
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NEGATIVE IMPACT
RE/MAX's Q3 revenue forecast is lower than the estimated $82.58M, which could negatively impact its stock price.
RE/MAX's lower than expected Q3 revenue forecast could lead to a decrease in investor confidence, potentially causing a drop in its stock price. The news is highly relevant as it directly pertains to the company's financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100