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RE/MAX: Q4 Earnings Snapshot

DENVER (AP) — DENVER (AP) — RE/MAX Holdings Inc. (RMAX) on Thursday reported earnings of $1.4 million in its fourth quarter.

On a per-share basis, the Denver-based company said it had net income of 7 cents. Earnings, adjusted for one-time gains and costs, were 30 cents per share.

The franchisor of residential real estate brokerages posted revenue of $71.1 million in the period.

For the year, the company reported profit of $8.2 million, or 40 cents per share. Revenue was reported as $291.6 million.

For the current quarter ending in March, RE/MAX said it expects revenue in the range of $69 million to $74 million.

The company expects full-year revenue in the range of $285 million to $305 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RMAX at https://www.zacks.com/ap/RMAX

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