RE/MAX Sees Q1 2024 Revenue $75M-$80M Vs $82.596M Est.
Portfolio Pulse from Benzinga Newsdesk
RE/MAX anticipates its Q1 2024 revenue to be between $75M and $80M, which is below the estimated $82.596M.
February 22, 2024 | 10:06 pm
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NEGATIVE IMPACT
RE/MAX projects its Q1 2024 revenue to be lower than expected, between $75M and $80M compared to the estimated $82.596M.
RE/MAX's projection of lower-than-expected revenue for Q1 2024 suggests potential challenges in its business operations or market conditions, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100