Financial Data and Key Metrics Changes - The company reported adjusted net income of $0.28 per share, distributable earnings of $0.43 per share, and adjusted EBITDA of $20.1 million, all in line with expectations [4][11] - Recurring service revenues were approximately $44 million, a sequential decrease of about $1.5 million, primarily due to lower property management fees at RMR Residential [11] - The company expects service revenues to increase to approximately $45 million next quarter based on favorable trends in managed REITs [11] Business Line Data and Key Metrics Changes - The Managed REITs have seen share price improvements, particularly for DHC and ILPT, which have increased substantially year to date [4] - The private capital business totals over $12 billion, with a focus on retail, residential, credit, and select development opportunities [4] - The retail sector is accumulating a portfolio of value-add multi-tenant retail assets valued at approximately $100 million, with a recent investment of $21 million in a community shopping center [5] Market Data and Key Metrics Changes - DHC's same property cash basis NOI increased by 18.5% year over year, driven by strong sector fundamentals [8] - SVC's RevPAR increased by 40 basis points year over year, outperforming the industry by 90 basis points despite renovation-related revenue displacement [9] - ILPT refinanced $1.2 billion of floating rate debt with new fixed-rate debt at a weighted average interest rate of 6.4% [9] Company Strategy and Development Direction - The company is focused on strategic initiatives for Managed REITs and private capital business, including deleveraging actions through asset sales and refinancings [4] - The residential sector is expected to benefit from decelerating supply growth and favorable migration trends, targeting mid to high teen returns [6] - The company aims to grow private capital AUM over the long term, with recent hiring of a Senior Vice President to enhance capital formation efforts [7] Management's Comments on Operating Environment and Future Outlook - Management noted ongoing economic uncertainty but remains focused on strategic initiatives [4] - The fundraising environment for private capital is challenging but showing signs of improvement, with expectations of continued ramp-up in the next six months [20] - The company anticipates adjusted EBITDA of approximately $20.5 million and distributable earnings between $0.44 and $0.46 per share for the next quarter [15] Other Important Information - The company expects to end the fiscal year with approximately $60 million in cash and no borrowings on its $100 million line of credit [15] - The dividend is funded through two sources: ARMOUR LLC and RMR Inc, with a coverage ratio of 74% from the operating business [45] Q&A Session Summary Question: What is the outlook for the fundraising environment on the private capital side? - Management acknowledged that while the fundraising environment remains challenging, it is improving, with increased meetings with potential capital providers [18][20] Question: Can you elaborate on the RMR Residential Enhanced Growth Venture? - The venture will include five assets, with a total equity investment of just under $100 million, aimed at attracting committed capital from investors [22][24] Question: What is the expected size of the fundraising on the residential side? - The goal is to raise about $300 million of equity for the residential venture, seeded with just under $100 million of assets [29] Question: How does the company view the performance of RMR Residential? - The current run rate is expected to remain steady until the fundraising environment normalizes, with AUM currently at about $4.6 billion [35][55] Question: What is the rationale behind the dividend coverage? - The dividend is funded through operating business contributions and cash reserves, with a focus on maintaining coverage as the business grows [45][47]

Core Insights - RMR Group reported a revenue of $154.73 million for the quarter ended June 2025, reflecting a decline of 24.7% year-over-year and a significant miss of 23.33% against the Zacks Consensus Estimate of $201.8 million [1] - The company's EPS for the quarter was $0.28, unchanged from the consensus estimate, but down from $0.37 in the same quarter last year [1] Revenue Breakdown - Management services revenue was $42.72 million, falling short of the estimated $45.88 million, representing a year-over-year decrease of 10.6% [4] - Advisory services revenue came in at $1.12 million, slightly below the average estimate of $1.14 million, marking a year-over-year decline of 1.1% [4] - Total reimbursable costs were reported at $107.95 million, significantly lower than the estimated $157.25 million, indicating a year-over-year drop of 30.9% [4] - Total management, termination, incentive, and advisory services revenues were $44.07 million, compared to the average estimate of $47.01 million, reflecting a 10.6% decrease year-over-year [4] - Other reimbursable expenses totaled $87.98 million, which was below the two-analyst average estimate of $133.52 million, representing a year-over-year decline of 33.5% [4] Stock Performance - RMR Group's shares have returned -5% over the past month, contrasting with the Zacks S&P 500 composite's +1% change, indicating underperformance relative to the broader market [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the market in the near term [3]

RMR Group (RMR) came out with quarterly earnings of $0.28 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.37 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this real estate management services provider would post earnings of $0.3 per share when it actually produced earnings of $0.28, delivering a surprise of -6.67%.Over the last four quarters, the company has not been able to surpass consensus EPS estimates ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-37616 THE RMR GROUP INC. (Exact Name of Registrant as Specified in Its Charter) Maryland 47-4122583 (State of Organization) (IRS Employer Identification No.) Two Newton Place ...

THE RMR GROUP August 5, 2025 Exhibit 99.2 Table of Contents QUARTERLY RESULTS | Third Quarter Fiscal 2025 Highlights . | 5 | | --- | --- | | FINANCIALS | | | Key Financial Data . | ﺍﻟﻤ | | Adjusted Net Income Attributable to The RMR Group Inc. Bridge | 8 | | AUM by Source | ବା | | Management and Advisory Services Revenues by Source | 11 | | Well-Covered Dividend | 12 | | GAAP Results: Condensed Consolidated Statements of Income - and any and | 13 | | GAAP Results: Earnings Per Common Share | 15 | | GAAP Res ...

Albert Anthony is the pen name of a Croatian-American business author who is a media contributor on investor platform Seeking Alpha, where he has over +1K followers, & also writes for platforms like Investing dot com and is launching a book on Amazon in 2025 called Financial Markets: The Next Generation. Calling himself part of the new generation of analysts in the financial markets, he comes from a non-traditional financial background having been an analyst in the IT sector for several Fortune 500 companie ...

Company Overview - The RMR Group Inc. (RMR) is currently experiencing significant attention in the options market, particularly with the Jul 18, 2025 $25.00 Put option showing high implied volatility, indicating expectations of a substantial price movement [1] Analyst Sentiment - The RMR Group holds a Zacks Rank of 5 (Strong Sell) within the Real Estate - Operations industry, which is positioned in the bottom 30% of the Zacks Industry Rank [3] - Over the past 60 days, no analysts have raised their earnings estimates for the current quarter, while one analyst has lowered their estimate, resulting in a decrease in the Zacks Consensus Estimate from 35 cents per share to 31 cents [3] Options Market Dynamics - The high implied volatility surrounding The RMR Group suggests that options traders may be anticipating a significant price movement, which could indicate a developing trading opportunity [4] - Seasoned options traders often seek out options with high implied volatility to sell premium, aiming to benefit from the decay of the option's value if the underlying stock does not move as much as expected by expiration [4]

The RMR Group (RMR) Q2 2025 Earnings Call May 07, 2025 01:00 PM ET Company Participants Matthew Murphy - Investor Relations ManagerAdam Portnoy - President and CEOMatthew Jordan - Executive VP, CFO & TreasurerTyler Batory - Executive Director Conference Call Participants John Massocca - Senior Research Analyst Operator Please note, today's event is being recorded. I would now like to turn the conference over to Matt Murphy, Manager of Investor Relations. Please go ahead. Matthew Murphy Good afternoon and th ...

The RMR Group (RMR) Q2 2025 Earnings Call May 07, 2025 01:00 PM ET Speaker0 Please note, today's event is being recorded. I would now like to turn the conference over to Matt Murphy, Manager of Investor Relations. Please go ahead. Speaker1 Good afternoon and thank you for joining RMR's second quarter fiscal twenty twenty five conference call. With me on today's call are President and CEO, Adam Portnoy and Chief Financial Officer, Matt Jordan. In just a moment, they will provide details about our business an ...

Core Insights - RMR Group reported a revenue of $166.67 million for the quarter ended March 2025, which is a decrease of 23.5% compared to the same period last year [1] - The earnings per share (EPS) for the quarter was $0.28, down from $0.39 in the year-ago quarter, and below the consensus estimate of $0.30, resulting in an EPS surprise of -6.67% [1] - The reported revenue fell short of the Zacks Consensus Estimate of $214.32 million, leading to a revenue surprise of -22.23% [1] Revenue Breakdown - Management services revenue was reported at $44.38 million, slightly below the average estimate of $45.70 million, reflecting a year-over-year decline of 8.4% [4] - Advisory services revenue came in at $1.10 million, compared to the average estimate of $1.15 million, marking a year-over-year change of -2% [4] - Total reimbursable costs were reported at $119.09 million, significantly lower than the average estimate of $167.46 million, representing a year-over-year decline of 29.2% [4] - Total management, termination, incentive, and advisory services revenues were $45.51 million, below the estimated $46.88 million, indicating an 8.3% decrease year-over-year [4] - Other reimbursable expenses totaled $97.35 million, compared to the average estimate of $144.75 million, showing a year-over-year decline of 33% [4] Stock Performance - RMR Group's shares have returned -6.5% over the past month, contrasting with the Zacks S&P 500 composite's increase of +11.5% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]