Redfin Corp reports results for the quarter ended December 31 - Earnings Summary

Redfin

27/02/2025 22:02

Redfin Corp RDFN.OQ reported a quarterly adjusted loss of 29 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -20 cents.  The mean expectation of fifteen analysts for the quarter was for a loss of 24 cents per share. Wall Street expected results to range from -28 cents to -21 cents per share.

Revenue rose 12% to $244.28 million from a year ago; analysts expected $242.51 million.

Redfin Corp's reported EPS for the quarter was a loss of 29 cents​.

The company reported a quarterly loss of $36.73 million.

Redfin Corp shares had risen by 6.5% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 1.4% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 10 "hold" and 4 "sell" or "strong sell."

The average consensus recommendation for the real estate services peer group is also "hold"

Wall Street's median 12-month price target for Redfin Corp is $8.00

This summary was machine generated from LSEG data February 27 at 10:01 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
-0.24
-0.29
Missed
Sep. 30 2024
-0.20
-0.28
Missed
Jun. 30 2024
-0.26
-0.23
Beat
Mar. 31 2024
-0.57
-0.57
Met