Wilbur Ross quits Ocwen Financial

Wilbur Ross quits Ocwen Financial

Distressed asset investor bringing his magic to Bank of Cyprus

Dustin Johnson levels blockbuster claims at title attorneys

Is Nat Hardwick the fall guy?

CFPB proposes 7 big changes to foreclosure process for mortgage servicers

Adds guidance on extended borrower protections
W S
Investments / The Ticker

Re/Max Holdings 2Q earnings beat expectations

Grows pool of real estate agents

money flare
/ Print / Reprints /
| Share More
/ Text Size+

Re/Max Holdings (RMAX) recorded better-than-expected second-quarter revenue as it continued to grow its pool of real estate agents. The real estate company decided to go public back in October 2013, according to an article in MarketWatch.

Chief Executive Margaret Kelly said the company continued to expand its network of agents, maintained expense discipline and expanded margins, while also noting mixed trends in the housing market.

Re/Max reported a profit of $4.4 million, or 36 cents a share. A year-earlier, the company reported breakeven bottom line results. Excluding debt-extinguishment losses, asset-sale gains and other items, adjusted earnings were 45 cents.

Source: MarketWatch
Read full story

Recent Articles by Brena Swanson

Comments powered by Disqus