earnings
confidence high
sentiment positive
materiality 0.75
RMR Q2 fiscal 2022 EPS $0.39, adjusted $0.50; revenue up 17% to $49.3M
RMR GROUP INC.
2022-Q2 EPS reported
$0.88
revenue$379,222,000
- Net income $14.6M; diluted EPS $0.39, up 30% YoY; adjusted EPS $0.50, up 35%.
- Management & advisory revenue $49.3M (+17% YoY); total AUM $37.7B.
- Private real estate capital AUM rose to $3.9B after DHC closed $703M JV with institutional investors.
- Cash and equivalents $181.7M; no debt outstanding.
- Adjusted EBITDA $25.7M with 49.8% margin vs. $21.0M and 48.1% a year ago.