Realogy Holdings Corp. ($RLGY) 3Q20 Earnings Preview

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Realogy Holdings Corp. (NYSE:RLGY) real estate and relocation services provider, is expected to report third quarter earnings results, before market open, on Thursday 29th October 2020.

Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.83 per share.

Looking ahead, the full year income are expected at $ 0.97 per share on the revenues of $ 5408.45 million.

Previous Quarter Performance

Realogy Holdings Corp. recorded income for the second quarter of $ 0.46 per share, from the revenue of $ 1,207.00 million. The quarterly earnings declined 44.58 percent while revenues fell 30.07 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.10 per share from $ 1105.75 million in revenue. The bottom line results beat street analysts by $ 0.36 or 360.00 percent, at the same time, top line results outshined analysts by $ 101.25 million or 9.16 percent.

Stock Performance

Shares of Realogy Holdings Corp. traded low $ -0.01 or -0.10 percent on Wednesday, reaching $ 9.89 with volume of 1.50 million shares. Realogy Holdings Corp. has traded high as $ 9.92 and has cracked $ 9.45 on the downward trend

According to the previous trading day, closing price of $ 9.89, representing a 373.68 % increase from the 52 week low of $ 2.09 and a 28.67 % decrease over the 52 week high of $ 13.88.

The company has a market capital of $ 1.14 billion and is part of the Real Estate sector and Real Estate Services industry.

Conference Call

Realogy Holdings Corp. will be hosting a conference call at 8:30 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.realogy.com

Realogy Holdings Corp., through its subsidiaries, provides real estate and relocation services. It operates through four 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 franchises its residential real estate brokerages under the Century 21, Coldwell Banker, Coldwell Banker Commercial, ERA, Sothebys International Realty, Better Homes and Gardens Real Estate, and Corcoran brand names.