Realogy’s 2Q earnings per share fall below analyst expectations

Are you set up for success in 2016? Join 2,500 real estate industry leaders Aug. 4-7, 2015, at Inman Connect in San Francisco. Get Connected with the people and ideas that will inspire you and take your business to new heights. Register today and save $100 with code Readers.


Realogy’s adjusted earnings were 66 cents per share; analysts polled expected 69 cents for the quarter.
Net income for the second quarter was $97 million, a 43 percent increase over second-quarter 2014’s $68 million. Adjusted EBITDA was $282 million, a $13 million increase over second-quarter 2014’s $269 million.
The “Zap” platform rollout is on schedule for third-quarter 2015.

While Realogy Holdings Corp.’s second-quarter earnings per share fell slightly below analysts’ expectation…