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. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 14.81%. A quarter ago, it was expected that this real estate broker would post a loss of $0.58 per share when it actually produced a loss of $0.57, delivering a surprise of 1.72%. Over the last four quarters, the company has surpa ...