RE/MAX Sees Q3 2024 Revenue $75M-$80M Vs $77.79M Estimate; Sees FY24 Revenue $305M-$315M Vs $309.35M Estimate
Portfolio Pulse from Benzinga Newsdesk
RE/MAX has provided its revenue guidance for Q3 2024 and FY 2024. The company expects Q3 2024 revenue to be between $75M and $80M, compared to the $77.79M estimate. For FY 2024, RE/MAX anticipates revenue between $305M and $315M, against the $309.35M estimate.
August 08, 2024 | 9:38 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
RE/MAX has provided its revenue guidance for Q3 2024 and FY 2024. The company expects Q3 2024 revenue to be between $75M and $80M, compared to the $77.79M estimate. For FY 2024, RE/MAX anticipates revenue between $305M and $315M, against the $309.35M estimate.
The revenue guidance for Q3 2024 and FY 2024 is close to analyst estimates, suggesting a neutral impact on the stock price. The slight variance in projections is unlikely to cause significant movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100