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Shares of Redfin (NASDAQ:RDFN) rose in after-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share were down 262.50% year over year to ($0.29), which beat the estimate of ($0.33).
Revenue of $471,315,000 higher by 120.59% year over year, which beat the estimate of $455,230,000.
Guidance
Redfin hasn't issued any earnings guidance for the time being.
Q3 revenue expected between $530,000,000 and $541,000,000.
Conference Call Details
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Date: Aug 05, 2021
Time: 04:30 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/x7xeh7jp
Technicals
Company's 52-week high was at $98.44
Company's 52-week low was at $37.31
Price action over last quarter: Up 18.35%
Company Description
Redfin is an Internet-based real estate broker that notably pays its agents a salary as opposed to the traditional model of splitting a percentage of total commission, allowing it to charge homesellers a smaller fee to list. It has also recently expanded into iBuying through Redfin Now.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.