Redfin Second-Quarter 2018 Revenue up 36% Year-over-Year to $142.6 Million
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Redfin Corp. (RDFN) PT Lowered to $21 at Oppenheimer
August 13, 2018 8:52 AM EDTOppenheimer analyst Jason Helfstein lowered the price target on Redfin Corp. (NASDAQ: RDFN) to $21.00 (from $24.00) while maintaining an Outperform rating.
Helfstein commented, "Maintaining Outperform rating despite 23% share price decline last Friday, on concerns over slowing growth. 1) RDFN gaining share within the US... More
Stephens Reiterates Underweight on Redfin (RDFN) Following 2Q
August 13, 2018 7:28 AM EDTStephens analyst, John Campbell, reiterated an Underweight rating and $17.00 price target on Redfin Corp. (NASDAQ: RDFN) following the company's 2Q earnings report. Total revenues of $142.6m came in ahead of the Street's $139.2mil. Adjusted EBITDA was also ahead of consensus.
RDFN provided... More
Redfin (RDFN) Tops Q2 EPS by 2c
August 9, 2018 4:22 PM EDTRedfin (NASDAQ: RDFN) reported Q2 EPS of $0.04, $0.02 better than the analyst estimate of $0.02. Revenue for the quarter came in at $142.6 million versus the consensus estimate of $138.83 million.
GUIDANCE:
Redfin sees Q3 2018 revenue of $137.1-141.3 million, versus the consensus of $141.2... More
