{"id":123146,"date":"2021-04-29T16:58:33","date_gmt":"2021-04-29T16:58:33","guid":{"rendered":"https:\/\/precoinnews.com\/?p=123146"},"modified":"2021-04-29T16:58:33","modified_gmt":"2021-04-29T16:58:33","slug":"stock-alert-realogy-holdings-up-14-on-higher-q1-results","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/bitcoin\/stock-alert-realogy-holdings-up-14-on-higher-q1-results\/","title":{"rendered":"Stock Alert: Realogy Holdings Up 14% On Higher Q1 Results"},"content":{"rendered":"
Shares of Realogy Holdings Corp. (RLGY) are trading up 14 percent on Thursday after the residential real estate company posted improved first-quarter results. <\/p>\n
The company reported first-quarter net income of $33 million or $0.28 per share, compared to a net loss of $462 million or $4.03 per share in the year-ago period. <\/p>\n
Adjusted net income was $40 million or $0.35 per share, compared to net loss of $68 million or $0.59 per share in the quarter, while analysts expected the company to report net loss of $0.07 per share. <\/p>\n
Quarterly revenues climbed 32 percent to $1.52 billion from $1.17 billion in the same period last year. <\/p>\n
The stock is currently trading at $17.45, up $2.20 or 14 percent on the NYSE. <\/p>\n
RLGY has traded between $3.66 and $18.94 during the 52-week range. <\/p>\n