RE/MAX Hldgs Narrows FY2024 Sales Guidance from $305.00M-315.00M to $306.00M-311.00M (Est $310.8M)
Portfolio Pulse from Benzinga Newsdesk
RE/MAX Holdings has adjusted its FY2024 sales guidance to a narrower range of $306 million to $311 million, compared to the previous range of $305 million to $315 million. The estimated sales figure is $310.8 million.
October 31, 2024 | 8:23 pm
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RE/MAX Holdings has revised its FY2024 sales guidance to a range of $306 million to $311 million, slightly narrowing the previous range. This aligns closely with the estimated sales figure of $310.8 million.
The narrowing of the sales guidance range suggests a more precise forecast, which aligns closely with market estimates. This indicates stability but does not suggest significant growth or decline, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100