Redfin: Q4 Earnings Snapshot
SEATTLE (AP) _ Redfin Corp. (RDFN) on Thursday reported a loss of $27 million in its fourth quarter.
The Seattle-based company said it had a loss of 27 cents per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 32 cents per share.
The real estate broker posted revenue of $643.1 million in the period, also topping Street forecasts. Eight analysts surveyed by Zacks expected $599.2 million.
For the current quarter ending in April, Redfin said it expects revenue in the range of $535 million to $560 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RDFN at https://www.zacks.com/ap/RDFN