Earnings Preview: Redfin (RDFN) Q4 Earnings Expected to Decline

Company Overview - Redfin (RDFN) is expected to report a quarterly loss of $0.24 per share, reflecting a year-over-year decline of 20$241.47 million, which is a 10.7% increase from the same quarter last year [3] Earnings Expectations - Wall Street anticipates a year-over-year decline in earnings despite higher revenues, with the earnings report due on February 27 [1][2] - The consensus EPS estimate has been revised 0.5% lower in the last 30 days, indicating a reassessment by analysts [4] Earnings Surprise Prediction - The Most Accurate Estimate for Redfin matches the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [10] - Redfin holds a Zacks Rank of 2 (Buy), but this combination makes it challenging to predict an earnings beat conclusively [11] Historical Performance - In the last reported quarter, Redfin was expected to post a loss of $0.20 per share but actually reported a loss of$0.28, resulting in a surprise of -40% [12] - Over the past four quarters, Redfin has beaten consensus EPS estimates three times [13] Industry Comparison - Bridge Investment Group Holdings Inc. (BRDG), another player in the real estate operations sector, is expected to report earnings of $0.16 per share, indicating a year-over-year increase of 14.3$81.32 million, up 15.3% from the previous year [17] - The consensus EPS estimate for BRDG has been revised 2.8% higher in the last 30 days, but it currently has an Earnings ESP of -2.04% and a Zacks Rank of 4 (Sell) [18]