Realogy Holdings Corp (RLGY) Releases Earnings Results, Misses Expectations By $-0.04 EPS

Realogy Holdings Corp (RLGY) reported quarterly earnings results on Thursday, Aug-4-2016. The company reported $0.74 earnings per share for the quarter, missing the analyst consensus estimate by $-0.04. Analysts had a consensus of $0.78. The company posted revenue of $1662.00 million in the period, compared to analysts expectations of $1713.30 million. The company’s revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.66 EPS.

Many Wall Street Analysts have commented on Realogy Holdings Corp. Realogy Holdings Corp was Upgraded by Keefe Bruyette to ” Outperform” on Jul 25, 2016. Company shares were Upgraded by Compass Point on May 13, 2016 to ” Buy”, Firm has raised the Price Target to $ 40 from a previous price target of $35 .

Realogy Holdings Corp closed down -1.39 points or -4.50% at $29.5 with 15,60,544 shares getting traded on Tusday. Post opening the session at $30.9, the shares hit an intraday low of $29.395 and an intraday high of $30.97 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.

In a different news, on May 12, 2016, Michael J Williams (director) purchased 2,500 shares at $30.71 per share price. According to the SEC, on Mar 2, 2016, Duncan L Niederauer (director) purchased 6,950 shares at $31.99 per share price. On Sep 10, 2015, Anthony E Hull (CFO) purchased 2,500 shares at $40.40 per share price, according to the Form-4 filing with the securities and exchange commission.

Realogy Holdings Corp. is a franchisor of residential real estate brokerages and a provider of outsourced employee relocation and title and settlement services in the United States. The Company has four operating segments: Real Estate Franchise Services (RFG) Company Owned Real Estate Brokerage Services (NRT) Relocation Services (Cartus) and Title and Settlement Services (TRG). The RFG segment is a franchisor of residential real estate brokerage services. The NRT segment owns and operates a residential real estate brokerage business in the United States. The Cartus segment provides outsourced employee relocation services. The TRG segment provides full-service title and settlement services to its clients. The Company’s portfolio of brokerage brands includes Century 21 Coldwell Banker Coldwell Banker Commercial ERA Sotheby’s International Realty Better Homes and Gardens Real Estate The Corcoran Group ZipRealty and Citi Habitats.

Realogy Holdings Corp

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