Redfin: Q2 Earnings Insights

Redfin: Q2 Earnings Insights

Redfin RDFN reported its Q2 earnings results on Thursday, August 4, 2022 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

Redfin missed estimated earnings by 17.74%, reporting an EPS of $-0.73 versus an estimate of $-0.62.

Revenue was up $135.60 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.28 which was followed by a 3.53% increase in the share price the next day.

Here's a look at Redfin's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -1.09 -0.31 -0.2 -0.33
EPS Actual -0.81 -0.27 -0.2 -0.29
Revenue Estimate 550.92M 598.76M 539.72M 455.23M
Revenue Actual 597.35M 643.06M 540.07M 471.31M

To track all earnings releases for Redfin visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings