Ticker delayed 20 minutes
Avg Daily Volume: 949,538 Market Cap: 2.35B
Sector: None Short Interest: 21.25
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.12/share REV: 217.1/M
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LAST QTR: EPS: .04/share ACTUAL: .07/share (BEAT)
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NEXT QTR: EPS: -.76/share REV: 178.25/M
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FULL YR: EPS: -.91/share REV: 764/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: 43% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 7.84, 11.45, -15.41
EXPECTED JUMP MOVE: 10-15%
Links To Latest News and Headlines
Luxury-home prices rose more than twice as fast as those of non-luxury homes, and still their sales jumped compared with typical homes, according to Redfin.
SEATTLE, July 25, 2024–(NASDAQ: RDFN) — The typical U.S. luxury home sold for a record $1,180,000 in the second quarter, up 8.8% from a year earlier—the biggest increase in nearly two years. Non-luxury home prices grew at less than half that pace, rising 3.8% to a record high median of $342,500, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
SEATTLE, July 25, 2024–(NASDAQ: RDFN) — The typical U.S. homebuyer’s monthly housing payment was $2,671 during the four weeks ending July 21, the lowest level in four months and down $166 from the record high set at the end of April. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
SEATTLE, July 24, 2024–(NASDAQ: RDFN) — Nearly two-thirds (64.7%) of homes that were on the market in June had been listed for at least 30 days without going under contract, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s up from 59.6% a year earlier, marking the biggest annual increase in a year, and the highest share of any June since 2020.
SEATTLE, July 23, 2024–Redfin Corporation (NASDAQ: RDFN) will release second-quarter 2024 results after the stock market closes on Tuesday, August 6, 2024. The company will host a live webcast of its conference call to discuss the results at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time. Participants may access the live webcast on Redfin’s Investor Relations website at http://investors.redfin.com.
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