Realogy Holdings Issies Q2 Guidance

(RTTNews) - Realogy Holdings Corp. (RLGY), Tuesday issued a guidance for the second quarter.

For the second-quarter, Realogy expects attributable net income of $80 million to $90 million, or $0.55 to $0.62 per basic share. Excluding the loss on early extinguishment of debt and phantom value plan expense, the company expects earnings of $1.03 to $1.09 per basic share.

Net revenues for the second quarter is expected to be between $1.529 billion and $1.539 billion, representing an increase of 17 to 18 percent from last year.

Analysts polled by Thomson Reuters currently expect the company to report an earnings of $0.68 per share on revenues of $1.48 billion for the second quarter. Analysts' estimates typically exclude one-time items.