Investing.com - RMR Group Inc reported on Monday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
RMR Group Inc announced earnings per share of $0.57 on revenue of $242.19M. Analysts polled by Investing.com anticipated EPS of $0.58 on revenue of $207.19M.
RMR Group Inc shares are down 85% from the beginning of the year and are trading at $27.31 , down-from-52-week-high.
RMR Group Inc shares gained 0.81% in after-hours trade the report.
RMR Group Inc follows other major Real Estate sector earnings this month
RMR Group Inc's report follows an earnings beat by Prologis on October 19, who reported EPS of $1.36 on revenue of $1.15B, compared to forecasts EPS of $1.29 on revenue of $1.15B.
American Tower had beat expectations on October 27 with third quarter EPS of $1.8 on revenue of $2.67B, compared to forecast for EPS of $1.13 on revenue of $2.65B.
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