RE/MAX (RMAX) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for RE/MAX, with a consensus estimate of $0.28 per share, reflecting a -6.7% change, and revenues expected to be $71.25 million, down 1.7% from the previous year [3]. Earnings Report Expectations - The earnings report is scheduled for February 19, and if the actual results exceed expectations, the stock may rise; conversely, missing estimates could lead to a decline [2]. - Management's discussion during the earnings call will significantly influence the sustainability of any immediate price changes and future earnings expectations [2]. Estimate Revisions and Predictions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4]. - The Zacks Earnings ESP model shows a positive Earnings ESP of +14.29% for RE/MAX, suggesting analysts have recently become more optimistic about the company's earnings prospects [12]. Historical Performance - RE/MAX has a history of beating consensus EPS estimates, having done so in the last four quarters, including a +2.78% surprise in the most recent quarter [13][14]. - The stock currently holds a Zacks Rank of 3, indicating a neutral outlook [12]. Investment Considerations - While a positive earnings surprise is a strong predictor of stock performance, other factors can also influence stock movement, making it essential to consider the broader context [15][17]. - Investors are encouraged to utilize the Earnings ESP and Zacks Rank to identify potential investment opportunities ahead of earnings releases [16].