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RMR Group: Fiscal 4Q Earnings Snapshot

December 3, 2018

NEWTON, Mass. (AP) _ RMR Group Inc. (RMR) on Monday reported fiscal fourth-quarter earnings of $8.2 million.

The Newton, Massachusetts-based company said it had net income of 50 cents per share. Earnings, adjusted for asset impairment costs and non-recurring costs, were 61 cents per share.

The real estate management services provider posted revenue of $65.1 million in the period.

For the year, the company reported profit of $96 million, or $5.92 per share. Revenue was reported as $405 million.

RMR Group shares have increased 9 percent since the beginning of the year. The stock has increased roughly 10 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RMR at https://www.zacks.com/ap/RMR

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