Redfin Corp <RDFN.OQ> expected to post a loss of 69 cents a share - Earnings Preview

• 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). ​

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)