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Here's Why Realogy Holdings Corp Is Down 10% Today

TheMotleyFool

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Here's Why Realogy Holdings Corp Is Down 10% Today

Realogy Holdings Corp (NYSE: RLGY) reported its third-quarter 2017 earnings today, and it's fair to say that investors were disappointed with the results. As of 10 a.m. EDT, the stock had fallen by 10%.

Specifically, the company's earnings not only missed expectations but unexpectedly dropped year over year. The company reported $0.70 per share for the quarter, down from $0.74 a year ago and 12.5% less than the $0.80 that analysts had been expecting.

Image source: Getty Images.

Source: Fool.com