RE/MAX Holdings, Inc. (RMAX) CEO Adam Contos on Q3 2020 Results - Earnings Call Transcript

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Q3: 2020-11-05 Earnings Summary

EPS of $0.64 beats by $0.04
 | Revenue of $71.07M (-0.65% Y/Y) beats by $451.00K

RE/MAX Holdings, Inc. (RMAX) Q3 2020 Earnings Conference Call November 6, 2020 8:30 AM ET

Company Participants

Andy Schulz - VP of IR
Adam Contos - CEO
Ward Morrison - President, Motto Mortgage
Nick Bailey - Chief Customer Officer
Karri Callahan - CFO

Conference Call Participants

Ryan McKeveny - Zelman & Associates
Vikram Malhotra - Morgan Stanley
Anthony Paolone - JPMorgan
Tom McJoynt - KBW
Mathew Gaudioso - Compass Point Research

Operator

Good morning, and welcome to RE/MAX Holdings Third Quarter 2020 Earnings Conference Call and Webcast. My name is Tekah, and I will be facilitating the audio portion of today's call.

At this time, I would like to turn the call over to Andy Schulz, Vice President of Investor Relations. Mr. Schulz?

Andy Schulz

Thank you, operator. Good morning, everyone. And welcome to RE/MAX Holdings Third Quarter 2020 Earnings Conference Call. Please visit the Investor Relations page of remax.com for all earnings related materials and to access the live webcast and the replay of the call today. If you are participating through the webcast, please note that you will need to advance the slides as we move through the presentation.

Turning to Slide 2. Our prepared remarks and answers to your questions on today's call may contain forward-looking statements. Forward-looking statements include those related to agent count, franchise sales, financial measures and outlook, brand expansion, competition, technology, housing and mortgage market conditions, including statements about recovery of those markets, capital allocation, dividends, strategic and operational plans and business models. Forward-looking statements represent management's current estimates. RE/MAX Holdings assumes no obligation to update any forward-looking statements in the future.

Forward-looking statements address matters that are subject to risks and uncertainties that may cause actual results to differ materially from those projected in forward-looking statements. These are discussed in our third quarter

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