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

Redfin

06/05/2025 22:01

Redfin Corp RDFN.OQ reported a quarterly adjusted loss of 73 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -57 cents.  The mean expectation of fifteen analysts for the quarter was for a loss of 69 cents per share. Wall Street expected results to range from -74 cents to -59 cents per share.

Revenue fell 2% to $221.03 million from a year ago; analysts expected $220.93 million.

Redfin Corp's reported EPS for the quarter was a loss of 73 cents​.

The company reported a quarterly loss of $92.52 million.

Redfin Corp shares had risen by 0.1% this quarter and gained 17.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 78.6% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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 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 $11.00

This summary was machine generated from LSEG data May 6 at 09:01 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
Mar. 31 2025
-0.69
-0.73
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