Redfin Corporation (RDFN)
NASDAQ (NGS) NASDAQ (NGS) Primary 
1 Super Stock Down 92% to Buy Hand Over Fist Before September
Redfin's real estate businesses have struggled since 2022 because of rising interest rates. The company continues to deliver modest growth because it's taking market share in its brokering segment.
Redfin CEO promises to ‘drink our own urine' if mortgage rates don't fall
He really said that: When asked about the company's “Plan B” if mortgage rates don't fall, Redfin CEO Glenn Kelman responded, “Plan B is to drink our own urine or our competitors' blood, stay in the foxhole.”
Redfin: Trapped In Bad Conditions
Shares of Redfin continued to decline after posting disappointing Q2 results. The company expects its real estate division to see revenue shrink in the single digits in Q3. New rules for the U.S. real estate industry will take effect in August, which are likely to reduce overall commissions as well as buy-side work for Redfin.
Redfin Corporation (RDFN) Q2 2024 Earnings Call Transcript
Redfin Corporation (NASDAQ:RDFN ) Q2 2024 Earnings Conference Call August 6, 2024 4:30 PM ET Company Participants Meg Nunnally - Head of Investor Relations Glenn Kelman - Chief Executive Officer Chris Nielsen - Chief Financial Officer Conference Call Participants Jason Helfstein - Oppenheimer Ryan McKeveny - Zelman & Associates Ygal Arounian - Citigroup John Campbell - Stephens Inc. Curtis Nagle - Bank of America Jay McCanless - Wedbush Operator Good day, ladies and gentlemen and welcome to the Redfin Corporation Second Quarter 2024 Earnings Conference Call. Our host for today's call is Meg Nunnally, Head of Investor Relations.
Redfin (RDFN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Redfin (RDFN) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Redfin (RDFN) Reports Q2 Loss, Tops Revenue Estimates
Redfin (RDFN) came out with a quarterly loss of $0.23 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to loss of $0.25 per share a year ago.
Redfin CEO says housing market is in a 'funk' as homebuyers weigh election uncertainty
Redfin CEO Glenn Kelman pulled the curtain back on the U.S.'s 'somewhat slow' real estate market during an appearance on 'Cavuto: Coast to Coast.'
Despite Fast-paced Momentum, Redfin (RDFN) Is Still a Bargain Stock
Redfin (RDFN) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
This Unstoppable Stock Is Up 41% in July, but It's Not Too Late to Buy
Wall Street predicts the Federal Reserve will lower interest rates three times before the end of 2024. That expectation has driven a surge in shares of real estate technology company Redfin this month.
Redfin (RDFN) Soars 7.7%: Is Further Upside Left in the Stock?
Redfin (RDFN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Redfin (RDFN) Upgraded to Buy: Here's What You Should Know
Redfin (RDFN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Home prices begin to cool as active listings jump 35%
For the four weeks ended June 23, the typical home sold for slightly less than its asking price. A little less than two thirds of homes, however, sold over asking price in the last month, but that is the lowest share since June 2020.
