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Realogy’s 2Q earnings per share fall below analyst expectations

Company expects to recoup earnings after a robust summer season

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Are you set up for success in 2016? Join 2,500 real estate industry leaders Aug. 4-7, 2015, at Inman Connect in San Francisco. Get Connected with the people and ideas that will inspire you and take your business to new heights. Register today and save $100 with code Readers. Takeaways: Realogy's adjusted earnings were 66 cents per share; analysts polled expected 69 cents for the quarter. Net income for the second quarter was $97 million, a 43 percent increase over second-quarter 2014’s $68 million. Adjusted EBITDA was $282 million, a $13 million increase over second-quarter 2014’s $269 million. The "Zap" platform rollout is on schedule for third-quarter 2015. While Realogy Holdings Corp.’s second-quarter earnings per share fell slightly below analysts’ expectations, the company expects to normalize its expenses following a few recent acquisitions and benefit from a strong summer selling season in the third quarter of this year. In its quarterly earnings rel...