Redfin: Q1 Earnings Snapshot
By AP News - May 06, 2025, 04:17 PM ET
Last Updated - May 06, 2025, 04:17 PM EDT
SEATTLE (AP) — SEATTLE (AP) — Redfin Corp. (RDFN) on Tuesday reported a loss of $92.5 million in its first quarter.
On a per-share basis, the Seattle-based company said it had a loss of 73 cents.
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The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 69 cents per share.
The real estate broker posted revenue of $221 million in the period, surpassing Street forecasts. Six analysts surveyed by Zacks expected $220.4 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RDFN at https://www.zacks.com/ap/RDFN
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