RMR Group EPS misses by $0.05, misses on revenue
- BySeeking Alpha-
RMR Group (NASDAQ:RMR): Q2 Non-GAAP EPS of $0.37 misses by $0.05; GAAP EPS of $0.30 misses by $0.10.Revenue of $131.56M (-6.6% Y/Y) misses by $18.3M.Press Release
RMR Group (RMR) came out with quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.46 per share a year...
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RMR Group Inc. is a holding company. The Company’s business is conducted by its majority owned subsidiary, The RMR Group LLC (RMR LLC). RMR LLC manages a diverse portfolio of publicly owned real estate and real estate related businesses. Its segments include RMR LLC and All Other Operations. RMR LLC provides management services to four publicly traded real estate investment trusts (REITs): Diversified Healthcare Trust (DHC), which owns medical office and life science properties, senior living communities and wellness centers; Industrial Logistics Properties Trust (ILPT), which owns and leases industrial and logistics properties; Office Properties Income Trust (OPI), which owns office properties primarily leased to single tenants and those with credit characteristics, including the government; and Service Properties Trust (SVC), which owns a diverse portfolio of hotels and net lease service and necessity-based retail properties.