Re/Max Holdings reports Q3 adjusted EPS 38c, consensus 36c

Reports Q3 revenue $78.5M, consensus $78.18M. “We continue to drive operational efficiency across the enterprise, which helped generate better-than-forecasted Q3 financial results,” said CEO Erik Carlson. “Our team is developing new revenue opportunities while working to run our core business better each day. That effort has contributed to our strong margin performance the past two quarters, which is an encouraging trend. Business optimization, having a growth mindset, and delivering the absolute best customer experience possible are the cornerstones of our playbook. We are making measurable progress on each of these. With increasing optimism about the trajectory of future interest rates, our growing global agent count, and our bold new initiatives – including providing innovative and enhanced technology products to our RE/MAX affiliates, improving the agent-customer experience by cultivating leads, and starting to monetize our digital assets – we are well-positioned to finish the year with positive momentum.”