RE/MAX (RMAX) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Although the revenue and EPS for RE/MAX (RMAX) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
RE/MAX (RMAX) delivered earnings and revenue surprises of 17.14% and 0.37%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?