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

• 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)