Realogy Holdings Corp. (RLGY) Releases Quarterly Earnings, Beats Expectations By $0.16 EPS
Realogy Holdings Corp. (NYSE:RLGY) issued its quarterly earnings data on Monday. The company reported $1.03 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.87 by $0.16, Analyst Ratings News reports. The company had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.48 billion. Realogy Holdings Corp.’s revenue was up 21.2% compared to the same quarter last year.
RLGY has been the subject of a number of recent research reports. Analysts at Barclays upgraded shares of Realogy Holdings Corp. to an “overweight” rating in a research note to investors on Monday. On a related note, analysts at Sterne Agee initiated coverage on shares of Realogy Holdings Corp. in a research note to investors on Wednesday, October 30th. They set a “neutral” rating and a $45.00 price target on the stock. Finally, analysts at Credit Suisse cut their price target on shares of Realogy Holdings Corp. from $49.00 to $42.00 in a research note to investors on Monday, October 21st. They now have a “neutral” rating on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the stock. Realogy Holdings Corp. has a consensus rating of “Buy” and a consensus price target of $49.38.
Shares of Realogy Holdings Corp. (NYSE:RLGY) traded up 7.62% during mid-day trading on Monday, hitting $43.77. 8,887,945 shares of the company’s stock traded hands. Realogy Holdings Corp. has a 52-week low of $33.41 and a 52-week high of $55.28. The stock has a 50-day moving average of $43.33 and a 200-day moving average of $46.57. The company’s market cap is $6.391 billion.
Realogy Holdings Corp., formerly Domus Holdings Corp., is a holding company for its wholly owned subsidiary, Domus Intermediate Holdings Corp.
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