Redfin (RDFN) Reports Q3 Loss, Misses Revenue Estimates
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Redfin (RDFN) reported a Q3 loss of $0.28 per share, missing the Zacks Consensus Estimate of a $0.20 loss. This is a larger loss compared to $0.17 per share a year ago.
November 07, 2024 | 11:30 pm
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Redfin reported a Q3 loss of $0.28 per share, missing the expected loss of $0.20. This indicates a worsening financial performance compared to last year's $0.17 loss per share.
Redfin's reported loss per share was worse than both the consensus estimate and the previous year's performance, suggesting potential negative sentiment and pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100