NASDAQ$RMR

The RMR Group Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Announced second quarter fiscal 2021 results.

The RMR Group Inc. reported total management and advisory services revenues of $42.0 million. Net income attributable to The RMR Group Inc. was $4.9 million, or $0.30 per diluted share, and adjusted net income attributable to The RMR Group Inc. was $6.1 million, or $0.37 per diluted share.

  • As of March 31, 2021, The RMR Group LLC had $31.8 billion of assets under management, or AUM, compared to $32.1 billion as of March 31, 2020.
  • Total management and advisory services revenues for the quarter ended March 31, 2021, were $42.0 million, including $0.6 million of incentive business management fees from Tremont Mortgage Trust, compared to $44.1 million for the quarter ended March 31, 2020.
  • For the three months ended March 31, 2021, net income was $11.5 million and net income attributable to The RMR Group Inc. was $4.9 million, or $0.30 per diluted share, compared to net income of $14.9 million and net income attributable to The RMR Group Inc. of $6.5 million, or $0.39 per diluted share, for the three months ended March 31, 2020.
  • As of March 31, 2021, The RMR Group Inc. had $376.3 million in cash and cash equivalents with no outstanding debt obligations.

Headline financials

Total Revenue

$132M

Previous: $141M-6.6%
EPS (adj)

$0.37

Previous: $0.46-19.6%
Assets Under Management

$31.8B

No prior period
Capital Expenditures

-$758K

Previous: -$352K-115.3%
Free Cash Flow

$4.18M

Previous: $6.12M-31.6%
Net Income

$4.94M

Previous: $6.47M-23.6%
Operating Income

$16.4M

Previous: $17.9M-8.6%
Gross Profit

$25.8M

Previous: $26.5M-2.8%
Cash & Equivalents

$376M

Previous: $377M-0.3%
Total Assets

$702M

Previous: $686M+2.3%
Stock-Based Comp

$1.75M

Previous: $302K+480.1%

Revenue & EPS history

RMR · Revenue · Quarterly

$132M

Q2 2021-6.6%vs Q2 2020
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

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 Q2 2021

Historical avgQ2 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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro