REDFIN CORP (RDFN)
US75737F1084 - Common Stock
U.S. Home Prices Rose 0.5% in October, Marking a Year of Consistent Growth
Did Redfin Just Give Investors a Red Flag?
The real estate technology company hasn't exactly posted stellar numbers lately.
Q3 Rundown: Redfin (NASDAQ:RDFN) Vs Other Real Estate Services Stocks
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how real estate services stocks fared in Q3, starting with Redfin (NASDAQ:RDFN).
Redfin to Present at 4th Annual Needham Consumer Tech / Ecommerce Virtual Conference
Why Redfin (RDFN) Shares Are Plunging Today
Shares of real estate technology company Redfin (NASDAQ:RDFN) fell 5.7% in the afternoon session after Goldman Sachs analyst Michael Ng downgraded the stock's rating from Neutral to Sell. The analyst called out a series of concerns, including the downward pressure that a "lack of home affordability" could impose on the housing market's recovery. Other issues raised include RDFN's reduced take rate due to increased pressure from agent commissions and competition in the advertising business from Zillow.
5 Stocks That Could 10X by 2035
These aren't the lowest-risk stocks, but they could have massive growth potential.
Existing Home Sales Post Biggest Increase in Nearly Three Years
Redfin Reports Home Tours, Mortgage Locks Are Bouncing Back Post-Election
Redfin to Present at Stephens Annual Investment Conference
Redfin to Present at RBC Capital Markets Technology, Internet, Media and Telecommunications Conference
Why Redfin (RDFN) Shares Are Falling Today
Shares of real estate technology company Redfin (NASDAQ:RDFN) fell 27.6% in the afternoon session after the company reported weak third-quarter earnings, which fell short of Wall Street's expectations. The number of brokerage transactions missed, and EBITDA fell short of Wall Street's estimates. The challenging operating environment, characterized by fluctuating mortgage rates and aggressive competitor ad spending, further weakened the performance. As a result, EBITDA guidance came in below expectations, throwing some cold water on the solid revenue guide. Overall, this was a weaker quarter.
Redfin (RDFN) Q3 2024 Earnings Call Transcript
RDFN earnings call for the period ending September 30, 2024.
Which stocks are moving after the closing bell on Thursday?
The regular session of the US market on Thursday is now over, but let's get a preview of the after-hours session and explore the top gainers and losers driving the post-market movements.
Redfin (NASDAQ:RDFN) Reports Sales Below Analyst Estimates In Q3 Earnings, Stock Drops 13.3%
Real estate technology company Redfin (NASDAQ:RDFN) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 3.4% year on year to $278 million. On the other hand, next quarter’s outlook exceeded expectations with revenue guided to $242 million at the midpoint, or 1.5% above analysts’ estimates. Its GAAP loss of $0.28 per share was 38.2% below analysts’ consensus estimates.
Redfin Reports Third Quarter 2024 Financial Results
Notable Thursday Option Activity: MPW, RDFN, ARQT
Interesting RDFN Put Options For December 27th
Redfin (RDFN) To Report Earnings Tomorrow: Here Is What To Expect
Real estate technology company Redfin (NASDAQ:RDFN) will be reporting earnings tomorrow after market hours. Here’s what you need to know.
Could Buying Opendoor Stock Today Set You Up for Life?
The largest iBuying platform in the U.S. could be a potential multibagger stock.
RDFN December 13th Options Begin Trading
