Realogy Holdings Corp. (RLGY), is the largest full-service residential real estate services company in the United States, which owns companies such as; Coldwell Banker, Century 21, Sotheby’s and Better Homes & Garden, just to name a few. Recently, Realogy Holdings Corp., reported financial results for the 1st Q 2019 (2nd Q not published) the report included the following highlights:

  • Revenue was $1.1 billion, a decrease of 9% compared to the first quarter in 2018 
  • Net loss was $99 million compared to net loss of $67 million for the first quarter of 2018.
  • Adjusted net loss per share was $0.67 compared with adjusted net loss per share of $0.38 in the first quarter of 2018
  • In the first quarter of 2019, Realogy generated free cash flow of negative $172 million.  The company reported net cash used in operating activities of $103 million in the first quarter of 2019 compared with $130 million in the first quarter of 2018.
Boston downtown real estate

Boston downtown real estate