Redfin (NASDAQ:RDFN) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
Redfin beat estimated earnings by 7.0%, reporting an EPS of $-0.93 versus an estimate of $-1.0.
Revenue was down $271.69 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 6.55% drop in the share price the next day.
Here’s a look at Redfin’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -1.08 | -0.79 | -0.62 | -1.09 |
| EPS Actual | -1.09 | -0.83 | -0.73 | -0.81 |
| Revenue Estimate | 445.03M | 604.52M | 615.63M | 550.92M |
| Revenue Actual | 479.66M | 600.52M | 606.91M | 597.35M |
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.
