Redfin Corp expected to post a loss of 69 cents a share - Earnings Preview

Redfin

02/05/2025 22:01

Redfin Corp RDFN.OQ RDFN.O is expected to show a fall in quarterly revenue when it reports  results on May 6 for the period ending March 31 2025

The Seattle Washington-based  company is expected to report a 2.0% decrease in revenue to $220.931 million from $225.48 million a year ago, according to the mean estimate from 16 analysts, based on LSEG data.The company's guidance on February 27 2025, for the period ended March 31, was for revenue between $214.00 million and $225.00 million.

​LSEG's mean analyst estimate for Redfin Corp is for a loss of 69 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 13 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts had risen by about 0.0% in the last three months. ​

Wall Street's median 12-month price target for Redfin Corp is $11.00​, above​ its last closing price of $9.53. ​​​

The company's guidance on February 27 2025 for the period ended March 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between 214 million and -32 million (USD).

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
-0.23
-0.24
-0.29
Missed
-21.4
Sep. 30 2024
-0.20
-0.20
-0.28
Missed
-38.2
Jun. 30 2024
-0.27
-0.26
-0.23
Beat
12.6​
Mar. 31 2024
-0.57
-0.57
-0.57
Met
-0.4
​​Dec. 31 2023
-0.20
-0.22
-0.20
Beat
7.2
Sep. 30 2023
-0.22
-0.21
-0.17
Beat
17.4​
Jun. 30 2023
-0.30
-0.32
-0.25
Beat
20.7
Mar. 31 2023
-1.00
-1.01
-0.94
Beat
6.5

This summary was machine generated May 2 at 21:01 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)