RTTNews | Feb 23, 2021 10:27AM EST

10:27 Tuesday, February 23, 2021 (RTTNews.com) - Shares of residential real estate services provider Realogy Holdings Corp. (RLGY) are down more than 17% Tuesday morning after the company reported its fourth-quarter results.

Net income in the fourth quarter was $18 million or $0.15 per share compared with net loss of $45 million of $0.39 per share in the same quarter a year ago. Excluding items, adjusted earnings were $0.67 per share. Analysts polled by Thomson Reuters were expecting earnings of $0.71 per share.

Revenue in the quarter increased 36% year-over-year to $1.9 billion. The consensus estimate was for $1.78 billion.

RLGY, currently at $14.77, has traded in the range of $2.09- $18.94 in the last one year.

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