Redfin Sees Q4 2023 Revenue $211M-$226M Vs $242.01M Est
Portfolio Pulse from Benzinga Newsdesk
Redfin has projected its Q4 2023 revenue to be between $211M and $226M, which is lower than the estimated $242.01M.
November 02, 2023 | 9:52 pm
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Redfin's lower than expected Q4 2023 revenue projection could negatively impact its stock price.
Redfin's projected revenue for Q4 2023 is lower than the estimated $242.01M. This shortfall could lead to a negative sentiment among investors, potentially causing a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100