earnings
confidence high
sentiment positive
materiality 0.65
RMR Q3 fiscal 2022 revenue $53.0M (+16% YoY); adjusted EPS $0.59 (+26%)
RMR GROUP INC.
2022-Q3 EPS reported
$1.33
revenue$590,310,000
- Net income attributable to RMR $7.6M ($0.46 diluted); adjusted net income $9.8M ($0.59 diluted).
- Management and advisory revenues $53.0M, up 16% YoY and 7% sequentially.
- AUM $37.2B at June 30, 2022 vs $32.5B a year ago, driven by managed equity REITs and operating companies.
- Cash and cash equivalents $195.9M; no outstanding debt.
- Adjusted EBITDA $29.4M, margin 53.1%, compared to $24.4M and 51.1% a year ago.