Benzinga | May 6, 2021 05:23PM EDT

RE/MAX Holdings Sees Q2 Sales $74M-$78M vs $76.2M Est., FY21 Sales $300M-$310M vs $301.53M Est.

* Outlook The Company's second quarter and full-year 2021 Outlook assumes no further currency movements, acquisitions or divestitures. For the second quarter of 2021, RE/MAX Holdings expects:

* Agent count to increase 7.0% to 8.0% over second quarter 2020;

* Revenue in a range of $74.0 million to $78.0 million (including revenue from the Marketing Funds in a range of $17.5 million to $18.5 million); and

* Adjusted EBITDA in a range of $25.5 million to $28.5 million.

* For the full-year 2021, RE/MAX Holdings is increasing its agent count guidance and expects:

* Agent count to increase 5.0% to 6.0% over full-year 2020, up from 4.0% to 5.0%;

* Revenue in a range of $300.0 million to $310.0 million (including revenue from the Marketing Funds in a range of $71.0 million to $74.0 million), and

* Adjusted EBITDA in a range of $103.0 million to $107.0 million.