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The RMR Group Q3 Earnings Call Highlights
['Trevor Kearing']
Daily Political
During DHC’s second quarter, normalized funds from operations were $0.16 per share and adjusted EBITDA was $82 million, both above consensus estimates, according to Portnoy.
It forecast adjusted EBITDA of $19 million to $21 million and distributable earnings of $0.48 to $0.50 per share.
About The RMR Group (NASDAQ:RMR)The RMR Group, Inc (NASDAQ: RMR) is a publicly traded asset management company that specializes in providing comprehensive real estate and investment management services to both public and private entities.
Its client base includes real estate investment trusts (REITs), real estate operating companies (REOCs), closed-end real estate funds and institutional investors.
Founded in 1986, RMR Group has built a business model centered on recurring fee revenue generated through long-term service agreements with its managed entities.