Redfin Corp RDFN.OQ RDFN.O is expected to show a rise in quarterly revenue when it reports results on February 27 for the period ending December 31 2024
The Seattle Washington-based company is expected to report a 11.2% increase in revenue to $242.511 million from $218.08 million a year ago, according to the mean estimate from 16 analysts, based on LSEG data.The company's guidance on November 7 2024, for the period ended December 31, was for revenue between $237.00 million and $247.00 million. (SAL is on Total Revenue basis)
LSEG's mean analyst estimate for Redfin Corp is for a loss of 24 cents per share.
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 mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Redfin Corp is $8.00, above its last closing price of $7.90.
The company's guidance on November 7 2024 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD237 million and USD8 million.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
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 |
Dec. 31 2022 | -1.08 | -1.08 | -1.09 | Missed | -1 |
This summary was machine generated February 25 at 21:21 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)
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