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Redfin: Q3 Earnings Snapshot

By AP News
Published

SEATTLE (AP) — SEATTLE (AP) — Redfin Corp. (RDFN) on Thursday reported a loss of $19 million in its third quarter.

The Seattle-based company said it had a loss of 17 cents per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share.

The real estate broker posted revenue of $269 million in the period, missing Street forecasts. Six analysts surveyed by Zacks expected $269.1 million.

For the current quarter ending in December, Redfin said it expects revenue in the range of $211 million to $216 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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