Real Matters almost doubles YoY consolidated income
Real Matters almost doubles YoY consolidated income
themarketsignal.com/Free-Report/REAL
Real Matters Inc. (TSX:REAL) is also another stock with a short interest ratio of 1.0 implying that investors think the price is to increase in the near-term. This means the sentiments are bullish on the stock. The company reported its Q3 2020 results in which it posted a consolidated adjusted income of $20.9 million which is almost 100% growth from Q3 2019. US title adjusted income was $13.3 million exceeding the Appraisal segment for the first time which delivered $10.8 million. CEO Jason smith stated that the US mortgage market showed resilience in Q3 even amid the COVID-19 pandemic.
Smith added that the low-interest-rate environment has created a huge opportunity for the company. However, the ability of lenders to enhance underwriting capability during the pandemic still remains a challenge to growth. Consolidated revenue for the quarter was $118.1 million.
themarketsignal.com/Free-Report/REAL
Real Matters Inc. (TSX:REAL) is also another stock with a short interest ratio of 1.0 implying that investors think the price is to increase in the near-term. This means the sentiments are bullish on the stock. The company reported its Q3 2020 results in which it posted a consolidated adjusted income of $20.9 million which is almost 100% growth from Q3 2019. US title adjusted income was $13.3 million exceeding the Appraisal segment for the first time which delivered $10.8 million. CEO Jason smith stated that the US mortgage market showed resilience in Q3 even amid the COVID-19 pandemic.
Smith added that the low-interest-rate environment has created a huge opportunity for the company. However, the ability of lenders to enhance underwriting capability during the pandemic still remains a challenge to growth. Consolidated revenue for the quarter was $118.1 million.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.