NASDAQ$RMR

The RMR Group Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Announced first quarter fiscal 2021 results with net income attributable of $0.51 per diluted share and adjusted net income attributable of $0.41 per diluted share.

The RMR Group Inc. reported first quarter fiscal 2021 results, including net income of $19.8 million, adjusted net income of $0.41 per diluted share, Adjusted EBITDA of $21.4 million and an Adjusted EBITDA Margin of 49.0%. These results were driven primarily by growth in management services revenues from many of their Client Companies.

  • Gross assets under management were $32.0 billion.
  • Fee paying assets under management were $21.6 billion.
  • Total management and advisory services revenues were $41.3 million.
  • Cash and cash equivalents totaled $383.2 million with no outstanding debt obligations.

Headline financials

Total Revenue

$157M

Previous: $160M-1.8%
EPS (adj)

$0.41

Previous: $0.57-28.1%
Capital Expenditures

-$560K

Previous: -$148K-278.4%
Free Cash Flow

$8.34M

Previous: $9.3M-10.4%
Net Income

$8.9M

Previous: $9.45M-5.8%
Operating Income

$13.7M

Previous: $21.8M-37.0%
Gross Profit

$28.1M

Previous: $31.7M-11.5%
Cash & Equivalents

$383M

Previous: $386M-0.6%
Total Assets

$698M

Previous: $705M-1.0%
Stock-Based Comp

$3.56M

Previous: $1.58M+125.1%

Revenue & EPS history

RMR · Revenue · Quarterly

$157M

Q1 2021-1.8%vs Q1 2020
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Forward guidance

The RMR Group Inc. may not realize further improvements or maintain these recent improvements and its results may decline.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-0.9%

Avg return

Earnings day

-0.8%

Avg return

5 days after

+0.8%

Avg return

30 days after

40%

17 / 42 earnings

Positive

+10.4%

Q2 2016

Best reaction

-14.3%

Q2 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+1.3%-1.9%+3.4%
Q1 2026+7.6%+13.7%+9.2%
Q4 2025+0.6%-2.5%+0.9%
Q2 2025-4.5%+1.9%+6.1%
Q1 2025-0.7%-1.8%-1.3%
Q4 2024-7.4%-9.7%-10.1%
Q3 2024-3.4%-6.6%-1.7%
Q2 2024-4.3%-1.3%-3.3%
Q1 2024+2.7%+3.3%-7.1%
Q4 2023-1.8%-0.6%+12.3%
Q3 2023-1.2%+4.0%+6.8%
Q2 2023-4.1%-5.6%-4.0%
Q1 2023-2.5%-8.6%-7.2%
Q4 2022-3.2%+1.5%+4.2%
Q3 2022+0.5%-0.7%-9.1%
Q2 2022-0.1%-0.7%+8.5%
Q1 2022-2.6%+2.4%-4.2%
Q4 2021+0.9%-3.8%-9.0%
Q3 2021+3.3%+2.6%-1.2%
Q2 2021-1.8%-5.3%-0.9%
Q1 2021+8.5%+4.1%+13.5%
Q4 2020+8.4%+12.5%+22.2%
Q3 2020+6.8%+10.3%+7.9%
Q2 2020-14.3%-17.4%+4.2%
Q1 2020-6.2%-5.4%-20.4%
Q4 2019-3.9%-1.9%-4.4%
Q3 2019-6.1%-8.3%-1.8%
Q2 2019-8.4%-7.0%-8.2%
Q1 2019+1.4%+3.3%-1.1%
Q4 2018-1.7%-3.9%-16.2%
Q3 2018+1.8%+1.9%+12.0%
Q2 2018+0.1%-6.4%-4.7%
Q1 2018+3.7%+9.5%+29.1%
Q4 2017-0.7%-0.7%+3.8%
Q3 2017-8.0%-1.8%+1.1%
Q2 2017-2.8%-6.1%-6.7%
Q1 2017+1.1%+8.2%+5.3%
Q4 2016-3.1%-5.7%-9.3%
Q3 2016+2.2%+4.4%+13.0%
Q2 2016+10.4%
Q1 2016-1.8%
Q4 2015-2.7%
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2013

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